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$261,458$261,458$396,000
Remaining term (yrs)23.923.930.0
Secondary amount$0$134,542$0
Funding fee$1,307$1,307$0
Note rate2.9%2.9%7.24%
Blended rate2.9%4.633%7.48%
1st payment$1,261.18$1,261.18$2,698.73
2nd payment$0.00$896.95$0.00
Taxes / mo$196.33$196.33$196.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.20
HOA / mo$390.00$390.00$390.00
Total monthly$1,997.51$2,894.46$3,514.27
Cash to close$178,542$44,000$44,000