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$202,906$202,906$292,500
Remaining term (yrs)23.723.730.0
Secondary amount$0$89,594$0
Funding fee$1,015$1,015$0
Note rate3.16%3.16%7.24%
Blended rate3.16%4.949%7.48%
1st payment$1,010.73$1,010.73$1,993.38
2nd payment$0.00$671.96$0.00
Taxes / mo$200.58$200.58$200.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$58.50
HOA / mo$244.00$244.00$244.00
Total monthly$1,605.32$2,277.27$2,646.47
Cash to close$122,094$32,500$32,500