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$107,265$107,265$157,500
Remaining term (yrs)25.125.130.0
Secondary amount$0$50,235$0
Funding fee$536$536$0
Note rate2.9%2.9%7.24%
Blended rate2.9%4.846%7.48%
1st payment$500.83$500.83$1,073.36
2nd payment$0.00$376.76$0.00
Taxes / mo$65.33$65.33$65.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$31.50
HOA / mo$0.00$0.00$0.00
Total monthly$716.17$1,092.93$1,320.19
Cash to close$67,735$17,500$17,500