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$359,182$359,182$463,500
Remaining term (yrs)23.123.130.0
Secondary amount$0$104,318$0
Funding fee$1,796$1,796$0
Note rate3.65%3.65%7.24%
Blended rate3.65%4.629%7.48%
1st payment$1,916.21$1,916.21$3,158.74
2nd payment$0.00$695.45$0.00
Taxes / mo$325.42$325.42$325.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$92.70
HOA / mo$70.00$70.00$70.00
Total monthly$2,478.29$3,173.75$3,813.53
Cash to close$155,818$51,500$51,500