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$562,712$562,712$594,000
Remaining term (yrs)25.225.230.0
Secondary amount$0$31,288$0
Funding fee$0$0$0
Note rate2.9%2.9%7.24%
Blended rate3.75%4.027%7.48%
1st payment$2,615.62$2,615.62$4,048.10
2nd payment$0.00$234.66$0.00
Taxes / mo$329.50$329.50$329.50
Insurance / mo$166.67$166.67$166.67
MI / mo$445.12$445.12$118.80
HOA / mo$57.00$57.00$57.00
Total monthly$3,613.91$3,848.57$4,720.07
Cash to close$97,288$66,000$66,000