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$162,121$162,121$495,000
Remaining term (yrs)20.920.930.0
Secondary amount$0$332,879$0
Funding fee$811$811$0
Note rate3.9%3.9%7.24%
Blended rate3.9%6.489%7.48%
1st payment$943.34$943.34$3,373.42
2nd payment$0.00$2,149.84$0.00
Taxes / mo$291.00$291.00$291.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$99.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,401.00$3,550.85$3,930.08
Cash to close$387,879$55,000$55,000