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$204,401$204,401$441,000
Remaining term (yrs)24.024.030.0
Secondary amount$0$236,599$0
Funding fee$1,022$1,022$0
Note rate2.96%2.96%7.24%
Blended rate2.96%5.53%7.48%
1st payment$989.90$989.90$3,005.41
2nd payment$0.00$1,528.04$0.00
Taxes / mo$94.25$94.25$94.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$88.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,250.82$2,778.85$3,354.52
Cash to close$285,599$49,000$49,000