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$56,076$56,076$337,500
Remaining term (yrs)12.612.630.0
Secondary amount$0$281,424$0
Funding fee$280$280$0
Note rate4.87%4.87%7.24%
Blended rate4.87%7.271%7.48%
1st payment$495.05$495.05$2,300.06
2nd payment$0.00$1,817.53$0.00
Taxes / mo$196.17$196.17$196.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$67.50
HOA / mo$0.00$0.00$0.00
Total monthly$841.22$2,658.75$2,713.72
Cash to close$318,924$37,500$37,500