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$107,690$107,690$270,000
Remaining term (yrs)20.120.130.0
Secondary amount$0$162,310$0
Funding fee$538$538$0
Note rate3.47%3.47%7.24%
Blended rate3.47%6.193%7.48%
1st payment$619.33$619.33$1,840.04
2nd payment$0.00$1,082.07$0.00
Taxes / mo$130.33$130.33$130.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$54.00
HOA / mo$0.00$0.00$0.00
Total monthly$899.67$1,981.73$2,174.38
Cash to close$192,310$30,000$30,000