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$337,882$337,882$458,910
Remaining term (yrs)23.723.730.0
Secondary amount$0$121,028$0
Funding fee$0$0$0
Note rate2.99%2.99%7.24%
Blended rate3.84%4.937%7.48%
1st payment$1,653.34$1,653.34$3,127.46
2nd payment$0.00$806.86$0.00
Taxes / mo$386.75$386.75$386.75
Insurance / mo$166.67$166.67$166.67
MI / mo$278.13$278.13$91.78
HOA / mo$36.00$36.00$36.00
Total monthly$2,520.88$3,327.74$3,808.66
Cash to close$172,018$50,990$50,990