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$52,664$52,664$405,000
Remaining term (yrs)20.520.530.0
Secondary amount$0$352,336$0
Funding fee$263$263$0
Note rate4.3%4.3%7.24%
Blended rate4.3%7.301%7.48%
1st payment$321.67$321.67$2,760.07
2nd payment$0.00$2,275.51$0.00
Taxes / mo$164.58$164.58$164.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$81.00
HOA / mo$0.00$0.00$0.00
Total monthly$636.25$2,911.76$3,155.65
Cash to close$397,336$45,000$45,000