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$93,582$93,582$252,000
Remaining term (yrs)20.020.030.0
Secondary amount$0$158,418$0
Funding fee$468$468$0
Note rate3.46%3.46%7.24%
Blended rate3.46%6.314%7.48%
1st payment$539.26$539.26$1,717.38
2nd payment$0.00$1,056.12$0.00
Taxes / mo$123.33$123.33$123.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$50.40
HOA / mo$365.00$365.00$365.00
Total monthly$1,177.59$2,233.71$2,406.11
Cash to close$186,418$28,000$28,000