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$401,834$401,834$449,100
Remaining term (yrs)25.225.230.0
Secondary amount$0$47,266$0
Funding fee$0$0$0
Note rate2.84%2.84%7.24%
Blended rate3.69%4.249%7.48%
1st payment$1,855.36$1,855.36$3,060.61
2nd payment$0.00$354.49$0.00
Taxes / mo$344.67$344.67$344.67
Insurance / mo$166.67$166.67$166.67
MI / mo$318.19$318.19$89.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,684.88$3,039.38$3,661.76
Cash to close$97,166$49,900$49,900