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$339,083$339,083$427,500
Remaining term (yrs)24.824.830.0
Secondary amount$0$88,417$0
Funding fee$0$0$0
Note rate2.87%2.87%7.24%
Blended rate3.72%4.812%7.48%
1st payment$1,588.77$1,588.77$2,913.40
2nd payment$0.00$663.13$0.00
Taxes / mo$456.33$456.33$456.33
Insurance / mo$166.67$166.67$166.67
MI / mo$271.42$271.42$85.50
HOA / mo$113.33$113.33$113.33
Total monthly$2,596.52$3,259.64$3,735.23
Cash to close$135,917$47,500$47,500