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$76,892$76,892$369,000
Remaining term (yrs)6.46.430.0
Secondary amount$0$292,108$0
Funding fee$384$384$0
Note rate5.87%5.87%7.24%
Blended rate5.87%7.358%7.48%
1st payment$1,188.17$1,188.17$2,514.73
2nd payment$0.00$1,886.53$0.00
Taxes / mo$194.92$194.92$194.92
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$1,533.09$3,419.62$2,933.44
Cash to close$333,108$41,000$41,000