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$394,516$394,516$494,955
Remaining term (yrs)24.424.430.0
Secondary amount$0$100,439$0
Funding fee$0$0$0
Note rate2.8%2.8%7.24%
Blended rate3.65%4.533%7.48%
1st payment$1,855.88$1,855.88$3,373.11
2nd payment$0.00$669.60$0.00
Taxes / mo$481.33$481.33$481.33
Insurance / mo$166.67$166.67$166.67
MI / mo$319.93$319.93$98.99
HOA / mo$9.17$9.17$9.17
Total monthly$2,832.98$3,502.58$4,129.27
Cash to close$155,434$54,995$54,995