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$374,598$374,598$537,300
Remaining term (yrs)25.225.230.0
Secondary amount$0$162,702$0
Funding fee$1,873$1,873$0
Note rate3.1%3.1%7.24%
Blended rate3.1%4.584%7.48%
1st payment$1,784.16$1,784.16$3,661.69
2nd payment$0.00$1,084.68$0.00
Taxes / mo$258.00$258.00$258.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.46
HOA / mo$0.00$0.00$0.00
Total monthly$2,208.83$3,293.50$4,193.82
Cash to close$222,402$59,700$59,700