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$380,439$380,439$405,000
Remaining term (yrs)28.828.830.0
Secondary amount$0$47,061$0
Funding fee$1,902$1,902$0
Note rate6.63%6.63%7.24%
Blended rate6.63%7.207%7.48%
1st payment$2,466.47$2,466.47$2,760.07
2nd payment$0.00$465.71$0.00
Taxes / mo$176.00$176.00$176.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$81.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,792.47$3,258.18$3,167.07
Cash to close$69,561$22,500$45,000