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$371,410$371,410$742,500
Remaining term (yrs)24.024.030.0
Secondary amount$0$371,090$0
Funding fee$1,857$1,857$0
Note rate2.9%2.9%7.24%
Blended rate2.9%5.324%7.48%
1st payment$1,787.25$1,787.25$5,060.12
2nd payment$0.00$2,396.62$0.00
Taxes / mo$192.42$192.42$192.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$148.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,196.34$4,592.96$5,617.71
Cash to close$453,590$82,500$82,500