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$237,185$237,185$472,500
Remaining term (yrs)18.718.730.0
Secondary amount$0$235,315$0
Funding fee$1,186$1,186$0
Note rate3.8%3.8%7.24%
Blended rate3.8%5.767%7.48%
1st payment$1,475.52$1,475.52$3,220.08
2nd payment$0.00$1,519.74$0.00
Taxes / mo$219.17$219.17$219.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$94.50
HOA / mo$21.67$21.67$21.67
Total monthly$1,883.03$3,402.77$3,722.08
Cash to close$287,815$52,500$52,500