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$209,693$209,693$310,500
Remaining term (yrs)23.423.430.0
Secondary amount$0$100,807$0
Funding fee$1,048$1,048$0
Note rate3.33%3.33%7.24%
Blended rate3.33%4.846%7.48%
1st payment$1,073.09$1,073.09$2,116.05
2nd payment$0.00$672.05$0.00
Taxes / mo$231.50$231.50$231.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.10
HOA / mo$400.00$400.00$400.00
Total monthly$1,854.59$2,526.63$2,959.65
Cash to close$135,307$34,500$34,500