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$363,176$363,176$494,910
Remaining term (yrs)24.324.330.0
Secondary amount$0$131,734$0
Funding fee$0$0$0
Note rate2.74%2.74%7.24%
Blended rate3.59%4.764%7.48%
1st payment$1,701.39$1,701.39$3,372.80
2nd payment$0.00$878.23$0.00
Taxes / mo$246.92$246.92$246.92
Insurance / mo$166.67$166.67$166.67
MI / mo$295.59$295.59$98.98
HOA / mo$58.67$58.67$58.67
Total monthly$2,469.23$3,347.46$3,944.04
Cash to close$186,724$54,990$54,990