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$396,350$396,350$441,000
Remaining term (yrs)24.624.630.0
Secondary amount$0$44,650$0
Funding fee$1,982$1,982$0
Note rate2.97%2.97%7.24%
Blended rate2.97%3.581%7.48%
1st payment$1,890.45$1,890.45$3,005.41
2nd payment$0.00$334.87$0.00
Taxes / mo$295.25$295.25$295.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$88.20
HOA / mo$185.00$185.00$185.00
Total monthly$2,537.37$2,872.24$3,740.52
Cash to close$93,650$49,000$49,000