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$282,547$282,547$441,000
Remaining term (yrs)23.923.930.0
Secondary amount$0$158,453$0
Funding fee$1,413$1,413$0
Note rate3.03%3.03%7.24%
Blended rate3.03%4.816%7.48%
1st payment$1,381.83$1,381.83$3,005.41
2nd payment$0.00$1,056.35$0.00
Taxes / mo$201.08$201.08$201.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$88.20
HOA / mo$260.00$260.00$260.00
Total monthly$2,009.58$3,065.93$3,721.36
Cash to close$207,453$49,000$49,000