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$377,382$377,382$485,910
Remaining term (yrs)24.824.830.0
Secondary amount$0$108,528$0
Funding fee$1,887$1,887$0
Note rate2.8%2.8%7.24%
Blended rate2.8%3.961%7.48%
1st payment$1,754.62$1,754.62$3,311.47
2nd payment$0.00$723.52$0.00
Taxes / mo$451.33$451.33$451.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$97.18
HOA / mo$0.00$0.00$0.00
Total monthly$2,372.62$3,096.14$4,026.65
Cash to close$162,518$53,990$53,990