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$301,884$301,884$395,910
Remaining term (yrs)22.922.930.0
Secondary amount$0$94,026$0
Funding fee$1,509$1,509$0
Note rate3.6%3.6%7.24%
Blended rate3.6%4.882%7.48%
1st payment$1,609.94$1,609.94$2,698.12
2nd payment$0.00$705.20$0.00
Taxes / mo$291.50$291.50$291.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.18
HOA / mo$280.00$280.00$280.00
Total monthly$2,331.44$3,036.64$3,498.80
Cash to close$138,016$43,990$43,990