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$278,283$278,283$369,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$90,717$0
Funding fee$1,391$1,391$0
Note rate2.97%2.97%7.24%
Blended rate2.97%4.452%7.48%
1st payment$1,333.44$1,333.44$2,514.73
2nd payment$0.00$680.38$0.00
Taxes / mo$139.92$139.92$139.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$73.80
HOA / mo$0.00$0.00$0.00
Total monthly$1,623.35$2,303.73$2,878.44
Cash to close$131,717$41,000$41,000