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$312,896$312,896$359,100
Remaining term (yrs)29.129.130.0
Secondary amount$0$46,204$0
Funding fee$1,564$1,564$0
Note rate6.18%6.18%7.24%
Blended rate6.18%6.543%7.48%
1st payment$1,931.34$1,931.34$2,447.26
2nd payment$0.00$346.53$0.00
Taxes / mo$200.92$200.92$200.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.82
HOA / mo$622.00$622.00$622.00
Total monthly$2,904.26$3,250.79$3,492.00
Cash to close$86,104$39,900$39,900