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$232,705$232,705$742,500
Remaining term (yrs)16.516.530.0
Secondary amount$0$509,795$0
Funding fee$1,164$1,164$0
Note rate3.3%3.3%7.24%
Blended rate3.3%6.355%7.48%
1st payment$1,519.95$1,519.95$5,060.12
2nd payment$0.00$3,292.43$0.00
Taxes / mo$416.00$416.00$416.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$148.50
HOA / mo$110.00$110.00$110.00
Total monthly$2,262.62$5,555.04$5,951.29
Cash to close$592,295$82,500$82,500