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$11,454$11,454$355,500
Remaining term (yrs)1.31.330.0
Secondary amount$0$344,046$0
Funding fee$57$57$0
Note rate6.94%6.94%7.24%
Blended rate6.94%7.724%7.48%
1st payment$709.35$709.35$2,422.73
2nd payment$0.00$2,221.97$0.00
Taxes / mo$163.00$163.00$163.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,022.35$3,244.31$2,806.83
Cash to close$383,546$39,500$39,500