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 · FHA
Assumable Loan + Second
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$421,032$421,032$584,910
Remaining term (yrs)24.724.730.0
Secondary amount$0$163,878$0
Funding fee$0$0$0
Note rate2.98%2.98%7.24%
Blended rate3.83%4.998%7.48%
1st payment$2,001.22$2,001.22$3,986.15
2nd payment$0.00$1,092.52$0.00
Taxes / mo$448.67$448.67$448.67
Insurance / mo$166.67$166.67$166.67
MI / mo$337.08$337.08$116.98
HOA / mo$45.00$45.00$45.00
Total monthly$2,998.63$4,091.15$4,763.47
Cash to close$228,868$64,990$64,990