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$373,845$373,845$429,300
Remaining term (yrs)24.224.230.0
Secondary amount$0$55,455$0
Funding fee$1,869$1,869$0
Note rate2.71%2.71%7.24%
Blended rate2.71%3.523%7.48%
1st payment$1,749.88$1,749.88$2,925.67
2nd payment$0.00$415.91$0.00
Taxes / mo$399.67$399.67$399.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$85.86
HOA / mo$50.00$50.00$50.00
Total monthly$2,366.21$2,782.13$3,627.86
Cash to close$103,155$47,700$47,700