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$298,917$298,917$450,000
Remaining term (yrs)24.124.130.0
Secondary amount$0$151,083$0
Funding fee$1,495$1,495$0
Note rate2.87%2.87%7.24%
Blended rate2.87%4.592%7.48%
1st payment$1,430.38$1,430.38$3,066.74
2nd payment$0.00$1,007.22$0.00
Taxes / mo$287.25$287.25$287.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$90.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,884.30$2,891.52$3,610.66
Cash to close$201,083$50,000$50,000