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$387,094$387,094$395,100
Remaining term (yrs)25.425.430.0
Secondary amount$0$29,956$0
Funding fee$1,935$1,935$0
Note rate3.56%3.56%7.24%
Blended rate3.56%4.157%7.48%
1st payment$1,926.66$1,926.66$2,692.60
2nd payment$0.00$296.44$0.00
Taxes / mo$523.83$523.83$523.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.02
HOA / mo$0.00$0.00$0.00
Total monthly$2,600.49$2,896.93$3,445.45
Cash to close$51,906$21,950$43,900