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$337,206$337,206$485,910
Remaining term (yrs)24.324.330.0
Secondary amount$0$148,704$0
Funding fee$0$0$0
Note rate2.74%2.74%7.24%
Blended rate3.59%4.94%7.48%
1st payment$1,579.72$1,579.72$3,311.47
2nd payment$0.00$991.36$0.00
Taxes / mo$431.58$431.58$431.58
Insurance / mo$166.67$166.67$166.67
MI / mo$274.45$274.45$97.18
HOA / mo$116.67$116.67$116.67
Total monthly$2,569.10$3,560.46$4,123.57
Cash to close$202,694$53,990$53,990