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$311,445$311,445$450,000
Remaining term (yrs)23.223.230.0
Secondary amount$0$138,555$0
Funding fee$1,557$1,557$0
Note rate3.75%3.75%7.24%
Blended rate3.75%5.059%7.48%
1st payment$1,674.39$1,674.39$3,066.74
2nd payment$0.00$923.70$0.00
Taxes / mo$171.75$171.75$171.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$90.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,012.81$2,936.51$3,495.16
Cash to close$188,555$50,000$50,000