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$85,440$85,440$351,000
Remaining term (yrs)14.214.230.0
Secondary amount$0$265,560$0
Funding fee$427$427$0
Note rate2.71%2.71%7.24%
Blended rate2.71%6.523%7.48%
1st payment$600.00$600.00$2,392.06
2nd payment$0.00$1,715.08$0.00
Taxes / mo$175.75$175.75$175.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$70.20
HOA / mo$0.00$0.00$0.00
Total monthly$925.75$2,640.83$2,788.01
Cash to close$304,560$39,000$39,000