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$342,850$342,850$697,500
Remaining term (yrs)22.622.630.0
Secondary amount$0$354,650$0
Funding fee$1,714$1,714$0
Note rate4.07%4.07%7.24%
Blended rate4.07%5.941%7.48%
1st payment$1,927.73$1,927.73$4,753.45
2nd payment$0.00$2,290.45$0.00
Taxes / mo$389.00$389.00$389.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$139.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,533.39$4,823.84$5,498.62
Cash to close$432,150$77,500$77,500