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$276,045$276,045$355,500
Remaining term (yrs)24.224.230.0
Secondary amount$0$79,455$0
Funding fee$1,380$1,380$0
Note rate2.71%2.71%7.24%
Blended rate2.71%4.116%7.48%
1st payment$1,292.10$1,292.10$2,422.73
2nd payment$0.00$595.91$0.00
Taxes / mo$173.25$173.25$173.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.10
HOA / mo$425.00$425.00$425.00
Total monthly$2,040.35$2,636.26$3,242.08
Cash to close$118,955$39,500$39,500