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$334,741$334,741$360,000
Remaining term (yrs)24.324.330.0
Secondary amount$0$25,259$0
Funding fee$1,674$1,674$0
Note rate2.79%2.79%7.24%
Blended rate2.79%3.226%7.48%
1st payment$1,576.72$1,576.72$2,453.39
2nd payment$0.00$189.44$0.00
Taxes / mo$380.75$380.75$380.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$72.00
HOA / mo$85.00$85.00$85.00
Total monthly$2,192.47$2,381.91$3,141.14
Cash to close$65,259$40,000$40,000