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$308,341$308,341$396,000
Remaining term (yrs)23.623.630.0
Secondary amount$0$87,659$0
Funding fee$1,542$1,542$0
Note rate3.31%3.31%7.24%
Blended rate3.31%4.57%7.48%
1st payment$1,567.34$1,567.34$2,698.73
2nd payment$0.00$657.45$0.00
Taxes / mo$571.25$571.25$571.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.20
HOA / mo$47.00$47.00$47.00
Total monthly$2,335.59$2,993.04$3,546.18
Cash to close$131,659$44,000$44,000