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$456,127$456,127$476,550
Remaining term (yrs)24.724.730.0
Secondary amount$0$46,898$0
Funding fee$0$0$0
Note rate2.96%2.96%7.24%
Blended rate3.81%4.562%7.48%
1st payment$2,163.30$2,163.30$3,247.68
2nd payment$0.00$464.09$0.00
Taxes / mo$613.92$613.92$613.92
Insurance / mo$166.67$166.67$166.67
MI / mo$365.32$365.32$95.31
HOA / mo$100.00$100.00$100.00
Total monthly$3,409.20$3,873.29$4,223.57
Cash to close$73,373$26,475$52,950