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$294,970$294,970$472,500
Remaining term (yrs)24.124.130.0
Secondary amount$0$177,530$0
Funding fee$1,475$1,475$0
Note rate2.8%2.8%7.24%
Blended rate2.8%4.754%7.48%
1st payment$1,400.93$1,400.93$3,220.08
2nd payment$0.00$1,183.53$0.00
Taxes / mo$382.25$382.25$382.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$94.50
HOA / mo$50.00$50.00$50.00
Total monthly$1,999.84$3,183.38$3,913.50
Cash to close$230,030$52,500$52,500