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$170,034$170,034$306,000
Remaining term (yrs)23.323.330.0
Secondary amount$0$135,966$0
Funding fee$850$850$0
Note rate3.62%3.62%7.24%
Blended rate3.62%5.566%7.48%
1st payment$898.24$898.24$2,085.38
2nd payment$0.00$906.44$0.00
Taxes / mo$237.92$237.92$237.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.20
HOA / mo$495.00$495.00$495.00
Total monthly$1,781.15$2,687.60$3,029.50
Cash to close$169,966$34,000$34,000