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$230,128$230,128$337,500
Remaining term (yrs)20.020.030.0
Secondary amount$0$107,372$0
Funding fee$1,151$1,151$0
Note rate3.44%3.44%7.24%
Blended rate3.44%4.891%7.48%
1st payment$1,323.74$1,323.74$2,300.06
2nd payment$0.00$715.81$0.00
Taxes / mo$280.25$280.25$280.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$67.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,753.99$2,469.80$2,797.81
Cash to close$144,872$37,500$37,500