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$345,522$345,522$450,000
Remaining term (yrs)24.924.930.0
Secondary amount$0$104,478$0
Funding fee$1,728$1,728$0
Note rate2.86%2.86%7.24%
Blended rate2.86%4.053%7.48%
1st payment$1,613.46$1,613.46$3,066.74
2nd payment$0.00$696.52$0.00
Taxes / mo$215.75$215.75$215.75
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$1,995.87$2,692.39$3,539.16
Cash to close$154,478$50,000$50,000