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$257,811$257,811$606,893
Remaining term (yrs)24.124.130.0
Secondary amount$0$349,082$0
Funding fee$1,289$1,289$0
Note rate2.83%2.83%7.24%
Blended rate2.83%5.66%7.48%
1st payment$1,228.40$1,228.40$4,135.96
2nd payment$0.00$2,254.48$0.00
Taxes / mo$141.50$141.50$141.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$121.38
HOA / mo$86.92$86.92$86.92
Total monthly$1,623.49$3,877.97$4,652.43
Cash to close$416,514$67,433$67,433