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$360,586$360,586$450,000
Remaining term (yrs)27.227.230.0
Secondary amount$0$89,414$0
Funding fee$1,803$1,803$0
Note rate6.62%6.62%7.24%
Blended rate6.62%7.093%7.48%
1st payment$2,381.05$2,381.05$3,066.74
2nd payment$0.00$670.61$0.00
Taxes / mo$131.92$131.92$131.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$90.00
HOA / mo$450.00$450.00$450.00
Total monthly$3,129.64$3,800.24$3,905.32
Cash to close$139,414$50,000$50,000