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$437,806$437,806$494,100
Remaining term (yrs)25.225.230.0
Secondary amount$0$56,294$0
Funding fee$0$0$0
Note rate2.99%2.99%7.24%
Blended rate3.84%4.431%7.48%
1st payment$2,046.52$2,046.52$3,367.28
2nd payment$0.00$422.21$0.00
Taxes / mo$272.75$272.75$272.75
Insurance / mo$166.67$166.67$166.67
MI / mo$344.27$344.27$98.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,830.21$3,252.41$3,905.52
Cash to close$111,194$54,900$54,900