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$125,621$125,621$355,500
Remaining term (yrs)21.121.130.0
Secondary amount$0$229,879$0
Funding fee$628$628$0
Note rate3.94%3.94%7.24%
Blended rate3.94%6.404%7.48%
1st payment$729.90$729.90$2,422.73
2nd payment$0.00$1,484.64$0.00
Taxes / mo$245.67$245.67$245.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,125.57$2,610.20$2,889.49
Cash to close$269,379$39,500$39,500