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$294,065$294,065$382,500
Remaining term (yrs)23.723.730.0
Secondary amount$0$88,435$0
Funding fee$1,470$1,470$0
Note rate3.23%3.23%7.24%
Blended rate3.23%4.564%7.48%
1st payment$1,479.00$1,479.00$2,606.73
2nd payment$0.00$663.26$0.00
Taxes / mo$251.17$251.17$251.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,880.17$2,543.43$3,084.40
Cash to close$130,935$42,500$42,500