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$25,207$25,207$216,000
Remaining term (yrs)3.03.030.0
Secondary amount$0$190,793$0
Funding fee$126$126$0
Note rate7.88%7.88%7.24%
Blended rate7.88%7.986%7.48%
1st payment$769.59$769.59$1,472.04
2nd payment$0.00$1,271.96$0.00
Taxes / mo$121.42$121.42$121.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$43.20
HOA / mo$299.00$299.00$299.00
Total monthly$1,340.01$2,611.97$2,085.65
Cash to close$214,793$24,000$24,000