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$303,358$303,358$337,500
Remaining term (yrs)25.325.330.0
Secondary amount$0$34,142$0
Funding fee$1,517$1,517$0
Note rate3.45%3.45%7.24%
Blended rate3.45%4.011%7.48%
1st payment$1,494.97$1,494.97$2,300.06
2nd payment$0.00$256.06$0.00
Taxes / mo$237.33$237.33$237.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$67.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,882.30$2,138.36$2,754.89
Cash to close$71,642$37,500$37,500