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$140,873$140,873$360,000
Remaining term (yrs)23.623.630.0
Secondary amount$0$219,127$0
Funding fee$704$704$0
Note rate3.31%3.31%7.24%
Blended rate3.31%6.013%7.48%
1st payment$716.08$716.08$2,453.39
2nd payment$0.00$1,415.19$0.00
Taxes / mo$112.58$112.58$112.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$72.00
HOA / mo$31.25$31.25$31.25
Total monthly$1,009.91$2,425.11$2,819.23
Cash to close$259,127$40,000$40,000