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$16,232$16,232$328,500
Remaining term (yrs)23.223.230.0
Secondary amount$0$312,268$0
Funding fee$81$81$0
Note rate3.05%3.05%7.24%
Blended rate3.05%7.518%7.48%
1st payment$81.10$81.10$2,238.72
2nd payment$0.00$2,016.73$0.00
Taxes / mo$158.50$158.50$158.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$65.70
HOA / mo$0.00$0.00$0.00
Total monthly$389.60$2,406.33$2,612.92
Cash to close$348,768$36,500$36,500