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$270,510$270,510$367,110
Remaining term (yrs)23.023.030.0
Secondary amount$0$96,600$0
Funding fee$1,353$1,353$0
Note rate3.73%3.73%7.24%
Blended rate3.73%5.117%7.48%
1st payment$1,458.01$1,458.01$2,501.85
2nd payment$0.00$724.50$0.00
Taxes / mo$181.00$181.00$181.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$73.42
HOA / mo$20.83$20.83$20.83
Total monthly$1,809.84$2,534.34$2,927.10
Cash to close$137,390$40,790$40,790