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$318,730$318,730$540,000
Remaining term (yrs)24.724.730.0
Secondary amount$0$221,270$0
Funding fee$0$0$0
Note rate2.96%2.96%7.24%
Blended rate3.81%5.424%7.48%
1st payment$1,515.10$1,515.10$3,680.09
2nd payment$0.00$1,429.04$0.00
Taxes / mo$214.42$214.42$214.42
Insurance / mo$166.67$166.67$166.67
MI / mo$255.86$255.86$108.00
HOA / mo$52.67$52.67$52.67
Total monthly$2,204.71$3,633.75$4,221.84
Cash to close$281,270$60,000$60,000