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$352,532$352,532$369,000
Remaining term (yrs)29.229.230.0
Secondary amount$0$36,968$0
Funding fee$1,763$1,763$0
Note rate6.21%6.21%7.24%
Blended rate6.21%6.748%7.48%
1st payment$2,178.41$2,178.41$2,514.73
2nd payment$0.00$365.83$0.00
Taxes / mo$136.75$136.75$136.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$73.80
HOA / mo$0.00$0.00$0.00
Total monthly$2,465.16$2,830.98$2,875.28
Cash to close$57,468$20,500$41,000