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$338,308$338,308$404,100
Remaining term (yrs)24.124.130.0
Secondary amount$0$65,792$0
Funding fee$1,692$1,692$0
Note rate2.25%2.25%7.24%
Blended rate2.25%3.349%7.48%
1st payment$1,513.41$1,513.41$2,753.93
2nd payment$0.00$493.44$0.00
Taxes / mo$316.17$316.17$316.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.82
HOA / mo$92.00$92.00$92.00
Total monthly$2,071.58$2,565.02$3,392.92
Cash to close$110,692$44,900$44,900