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$344,387$344,387$517,500
Remaining term (yrs)23.723.730.0
Secondary amount$0$173,113$0
Funding fee$1,722$1,722$0
Note rate3.23%3.23%7.24%
Blended rate3.23%4.826%7.48%
1st payment$1,732.10$1,732.10$3,526.75
2nd payment$0.00$1,154.09$0.00
Taxes / mo$509.58$509.58$509.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$103.50
HOA / mo$43.00$43.00$43.00
Total monthly$2,451.35$3,605.43$4,349.50
Cash to close$230,613$57,500$57,500