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$178,392$178,392$431,100
Remaining term (yrs)23.423.430.0
Secondary amount$0$252,708$0
Funding fee$892$892$0
Note rate3.47%3.47%7.24%
Blended rate3.47%5.979%7.48%
1st payment$926.06$926.06$2,937.94
2nd payment$0.00$1,632.07$0.00
Taxes / mo$206.33$206.33$206.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$86.22
HOA / mo$255.00$255.00$255.00
Total monthly$1,554.06$3,186.13$3,652.16
Cash to close$300,608$47,900$47,900