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$249,344$249,344$274,500
Remaining term (yrs)22.522.530.0
Secondary amount$0$25,156$0
Funding fee$1,247$1,247$0
Note rate4%4%7.24%
Blended rate4%4.458%7.48%
1st payment$1,398.83$1,398.83$1,870.71
2nd payment$0.00$188.67$0.00
Taxes / mo$581.58$581.58$581.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$54.90
HOA / mo$0.00$0.00$0.00
Total monthly$2,130.41$2,319.08$2,657.20
Cash to close$55,656$30,500$30,500