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$211,502$211,502$355,500
Remaining term (yrs)22.722.730.0
Secondary amount$0$143,998$0
Funding fee$1,058$1,058$0
Note rate3.82%3.82%7.24%
Blended rate3.82%5.513%7.48%
1st payment$1,158.03$1,158.03$2,422.73
2nd payment$0.00$959.99$0.00
Taxes / mo$176.17$176.17$176.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,484.19$2,444.18$2,819.99
Cash to close$183,498$39,500$39,500