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$232,498$232,498$855,000
Remaining term (yrs)24.324.330.0
Secondary amount$0$622,502$0
Funding fee$0$0$0
Note rate2.74%2.74%7.24%
Blended rate3.59%6.619%7.48%
1st payment$1,089.19$1,089.19$5,826.81
2nd payment$0.00$4,020.33$0.00
Taxes / mo$564.17$564.17$564.17
Insurance / mo$216.67$216.67$216.67
MI / mo$189.23$189.23$171.00
HOA / mo$55.00$55.00$55.00
Total monthly$2,114.26$6,134.58$6,833.64
Cash to close$717,502$95,000$95,000