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$604,708$604,708$765,000
Remaining term (yrs)24.324.330.0
Secondary amount$0$160,292$0
Funding fee$0$0$0
Note rate2.77%2.77%7.24%
Blended rate3.62%4.538%7.48%
1st payment$2,842.16$2,842.16$5,213.46
2nd payment$0.00$1,068.61$0.00
Taxes / mo$369.42$369.42$369.42
Insurance / mo$216.67$216.67$216.67
MI / mo$491.86$491.86$153.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,920.10$4,988.71$5,952.54
Cash to close$245,292$85,000$85,000