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$327,904$327,904$450,000
Remaining term (yrs)24.224.230.0
Secondary amount$0$122,096$0
Funding fee$0$0$0
Note rate2.77%2.77%7.24%
Blended rate3.62%4.808%7.48%
1st payment$1,544.86$1,544.86$3,066.74
2nd payment$0.00$813.97$0.00
Taxes / mo$251.75$251.75$251.75
Insurance / mo$166.67$166.67$166.67
MI / mo$267.35$267.35$90.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,230.63$3,044.60$3,575.16
Cash to close$172,096$50,000$50,000