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$300,188$300,188$382,479
Remaining term (yrs)24.124.130.0
Secondary amount$0$82,291$0
Funding fee$1,501$1,501$0
Note rate2.83%2.83%7.24%
Blended rate2.83%4.157%7.48%
1st payment$1,430.31$1,430.31$2,606.59
2nd payment$0.00$617.19$0.00
Taxes / mo$129.58$129.58$129.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,709.90$2,327.08$2,962.67
Cash to close$124,789$42,498$42,498