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$368,223$368,223$404,910
Remaining term (yrs)24.724.730.0
Secondary amount$0$36,687$0
Funding fee$0$0$0
Note rate2.96%2.96%7.24%
Blended rate3.81%4.28%7.48%
1st payment$1,750.37$1,750.37$2,759.45
2nd payment$0.00$275.15$0.00
Taxes / mo$344.75$344.75$344.75
Insurance / mo$150.00$150.00$150.00
MI / mo$295.59$295.59$80.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,540.71$2,815.86$3,335.19
Cash to close$81,677$44,990$44,990