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$281,323$281,323$400,500
Remaining term (yrs)23.723.730.0
Secondary amount$0$119,177$0
Funding fee$1,407$1,407$0
Note rate3.13%3.13%7.24%
Blended rate3.13%4.579%7.48%
1st payment$1,396.96$1,396.96$2,729.40
2nd payment$0.00$794.51$0.00
Taxes / mo$249.42$249.42$249.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,796.38$2,590.89$3,208.92
Cash to close$163,677$44,500$44,500