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$120,282$120,282$153,000
Remaining term (yrs)24.124.130.0
Secondary amount$0$32,718$0
Funding fee$601$601$0
Note rate2.81%2.81%7.24%
Blended rate2.81%4.134%7.48%
1st payment$571.88$571.88$1,042.69
2nd payment$0.00$245.38$0.00
Taxes / mo$96.58$96.58$96.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$30.60
HOA / mo$0.00$0.00$0.00
Total monthly$818.47$1,063.85$1,319.88
Cash to close$49,718$17,000$17,000