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$334,655$334,655$472,500
Remaining term (yrs)24.124.130.0
Secondary amount$0$137,845$0
Funding fee$1,673$1,673$0
Note rate2.71%2.71%7.24%
Blended rate2.71%4.253%7.48%
1st payment$1,574.07$1,574.07$3,220.08
2nd payment$0.00$918.97$0.00
Taxes / mo$432.25$432.25$432.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$94.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,172.99$3,091.96$3,913.50
Cash to close$190,345$52,500$52,500