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$352,681$352,681$381,150
Remaining term (yrs)24.824.830.0
Secondary amount$0$28,469$0
Funding fee$0$0$0
Note rate2.87%2.87%7.24%
Blended rate3.72%4.114%7.48%
1st payment$1,652.48$1,652.48$2,597.53
2nd payment$0.00$213.52$0.00
Taxes / mo$270.83$270.83$270.83
Insurance / mo$150.00$150.00$150.00
MI / mo$282.30$282.30$76.23
HOA / mo$40.00$40.00$40.00
Total monthly$2,395.61$2,609.13$3,134.59
Cash to close$70,819$42,350$42,350