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$241,101$241,101$706,500
Remaining term (yrs)17.617.630.0
Secondary amount$0$465,399$0
Funding fee$1,206$1,206$0
Note rate4.34%4.34%7.24%
Blended rate4.34%6.586%7.48%
1st payment$1,630.39$1,630.39$4,814.78
2nd payment$0.00$3,005.70$0.00
Taxes / mo$342.08$342.08$342.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$141.30
HOA / mo$0.00$0.00$0.00
Total monthly$2,189.14$5,194.85$5,514.83
Cash to close$543,899$78,500$78,500