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$239,894$239,894$468,000
Remaining term (yrs)20.020.030.0
Secondary amount$0$228,106$0
Funding fee$1,199$1,199$0
Note rate3.42%3.42%7.24%
Blended rate3.42%5.53%7.48%
1st payment$1,377.45$1,377.45$3,189.41
2nd payment$0.00$1,473.18$0.00
Taxes / mo$390.50$390.50$390.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$93.60
HOA / mo$0.00$0.00$0.00
Total monthly$1,934.62$3,407.80$3,840.18
Cash to close$280,106$52,000$52,000