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$363,015$363,015$508,500
Remaining term (yrs)24.924.930.0
Secondary amount$0$145,485$0
Funding fee$1,815$1,815$0
Note rate2.55%2.55%7.24%
Blended rate2.55%4.109%7.48%
1st payment$1,637.70$1,637.70$3,465.42
2nd payment$0.00$969.90$0.00
Taxes / mo$445.58$445.58$445.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$101.70
HOA / mo$45.00$45.00$45.00
Total monthly$2,294.95$3,264.85$4,224.37
Cash to close$201,985$56,500$56,500