HQ Homes
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

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$320,053$320,053$431,910
Remaining term (yrs)1.21.230.0
Secondary amount$0$111,857$0
Funding fee$1,600$1,600$0
Note rate6.5%6.5%7.24%
Blended rate6.5%6.888%7.48%
1st payment$22,273.13$22,273.13$2,943.46
2nd payment$0.00$745.71$0.00
Taxes / mo$245.50$245.50$245.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$86.38
HOA / mo$0.00$0.00$0.00
Total monthly$22,685.29$23,431.00$3,442.01
Cash to close$159,847$47,990$47,990