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$491,398$491,398$765,000
Remaining term (yrs)24.624.630.0
Secondary amount$0$273,602$0
Funding fee$0$0$0
Note rate2.99%2.99%7.24%
Blended rate3.84%5.238%7.48%
1st payment$2,348.89$2,348.89$5,213.46
2nd payment$0.00$1,767.01$0.00
Taxes / mo$741.50$741.50$741.50
Insurance / mo$216.67$216.67$216.67
MI / mo$395.14$395.14$153.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,702.19$5,469.20$6,324.63
Cash to close$358,602$85,000$85,000