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$195,270$195,270$436,500
Remaining term (yrs)18.018.030.0
Secondary amount$0$241,230$0
Funding fee$976$976$0
Note rate4.23%4.23%7.24%
Blended rate4.23%6.175%7.48%
1st payment$1,288.99$1,288.99$2,974.74
2nd payment$0.00$1,557.94$0.00
Taxes / mo$535.17$535.17$535.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$87.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,990.83$3,548.77$3,763.87
Cash to close$289,730$48,500$48,500