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$341,538$341,538$423,000
Remaining term (yrs)23.523.530.0
Secondary amount$0$81,462$0
Funding fee$1,708$1,708$0
Note rate3.65%3.65%7.24%
Blended rate3.65%4.68%7.48%
1st payment$1,801.61$1,801.61$2,882.74
2nd payment$0.00$610.96$0.00
Taxes / mo$368.33$368.33$368.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$84.60
HOA / mo$0.00$0.00$0.00
Total monthly$2,336.61$2,947.57$3,502.34
Cash to close$128,462$47,000$47,000