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$250,496$250,496$337,500
Remaining term (yrs)28.428.430.0
Secondary amount$0$87,004$0
Funding fee$1,252$1,252$0
Note rate6.87%6.87%7.24%
Blended rate6.87%7.419%7.48%
1st payment$1,671.31$1,671.31$2,300.06
2nd payment$0.00$652.53$0.00
Taxes / mo$185.58$185.58$185.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$67.50
HOA / mo$463.00$463.00$463.00
Total monthly$2,469.89$3,122.43$3,166.14
Cash to close$124,504$37,500$37,500