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$68,467$68,467$314,910
Remaining term (yrs)7.37.330.0
Secondary amount$0$246,443$0
Funding fee$342$342$0
Note rate5.84%5.84%7.24%
Blended rate5.84%7.335%7.48%
1st payment$949.72$949.72$2,146.11
2nd payment$0.00$1,591.61$0.00
Taxes / mo$115.92$115.92$115.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.98
HOA / mo$318.00$318.00$318.00
Total monthly$1,533.64$3,125.25$2,793.00
Cash to close$281,433$34,990$34,990