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$345,018$345,018$359,100
Remaining term (yrs)24.124.130.0
Secondary amount$0$34,032$0
Funding fee$1,725$1,725$0
Note rate2.78%2.78%7.24%
Blended rate2.78%3.597%7.48%
1st payment$1,635.11$1,635.11$2,447.26
2nd payment$0.00$336.77$0.00
Taxes / mo$171.08$171.08$171.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.82
HOA / mo$677.00$677.00$677.00
Total monthly$2,633.19$2,969.96$3,517.16
Cash to close$53,982$19,950$39,900