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$266,464$266,464$540,000
Remaining term (yrs)24.324.330.0
Secondary amount$0$273,536$0
Funding fee$1,332$1,332$0
Note rate2.6%2.6%7.24%
Blended rate2.6%5.209%7.48%
1st payment$1,229.40$1,229.40$3,680.09
2nd payment$0.00$1,766.59$0.00
Taxes / mo$219.83$219.83$219.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$108.00
HOA / mo$29.17$29.17$29.17
Total monthly$1,645.07$3,411.65$4,203.76
Cash to close$333,536$60,000$60,000