HQ Homes
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$317,501$317,501$508,500
Remaining term (yrs)25.225.230.0
Secondary amount$0$190,999$0
Funding fee$1,588$1,588$0
Note rate3.22%3.22%7.24%
Blended rate3.22%5.015%7.48%
1st payment$1,529.00$1,529.00$3,465.42
2nd payment$0.00$1,273.33$0.00
Taxes / mo$390.58$390.58$390.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$101.70
HOA / mo$6.67$6.67$6.67
Total monthly$2,092.92$3,366.25$4,131.04
Cash to close$247,499$56,500$56,500