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$284,397$284,397$562,500
Remaining term (yrs)19.019.030.0
Secondary amount$0$278,103$0
Funding fee$1,422$1,422$0
Note rate3.89%3.89%7.24%
Blended rate3.89%5.798%7.48%
1st payment$1,761.30$1,761.30$3,833.43
2nd payment$0.00$1,796.08$0.00
Taxes / mo$583.25$583.25$583.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$112.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,511.22$4,307.30$4,695.84
Cash to close$340,603$62,500$62,500