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$264,765$264,765$422,910
Remaining term (yrs)27.827.830.0
Secondary amount$0$158,145$0
Funding fee$1,324$1,324$0
Note rate6.47%6.47%7.24%
Blended rate6.47%7.042%7.48%
1st payment$1,709.77$1,709.77$2,882.12
2nd payment$0.00$1,054.30$0.00
Taxes / mo$242.58$242.58$242.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$84.58
HOA / mo$95.00$95.00$95.00
Total monthly$2,214.02$3,268.31$3,470.96
Cash to close$205,135$46,990$46,990