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$378,497$378,497$512,100
Remaining term (yrs)24.324.330.0
Secondary amount$0$133,603$0
Funding fee$0$0$0
Note rate2.74%2.74%7.24%
Blended rate3.59%4.741%7.48%
1st payment$1,773.16$1,773.16$3,489.95
2nd payment$0.00$890.69$0.00
Taxes / mo$587.33$587.33$587.33
Insurance / mo$166.67$166.67$166.67
MI / mo$308.06$308.06$102.42
HOA / mo$90.00$90.00$90.00
Total monthly$2,925.22$3,815.91$4,436.37
Cash to close$190,503$56,900$56,900