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$162,713$162,713$575,100
Remaining term (yrs)19.119.130.0
Secondary amount$0$412,387$0
Funding fee$814$814$0
Note rate3.8%3.8%7.24%
Blended rate3.8%6.632%7.48%
1st payment$997.15$997.15$3,919.30
2nd payment$0.00$2,663.33$0.00
Taxes / mo$378.50$378.50$378.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$115.02
HOA / mo$0.00$0.00$0.00
Total monthly$1,542.32$4,205.65$4,579.48
Cash to close$476,287$63,900$63,900