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$470,823$470,823$538,560
Remaining term (yrs)24.724.730.0
Secondary amount$0$67,737$0
Funding fee$0$0$0
Note rate2.96%2.96%7.24%
Blended rate3.81%4.463%7.48%
1st payment$2,238.09$2,238.09$3,670.28
2nd payment$0.00$508.03$0.00
Taxes / mo$403.50$403.50$403.50
Insurance / mo$166.67$166.67$166.67
MI / mo$377.95$377.95$107.71
HOA / mo$0.00$0.00$0.00
Total monthly$3,186.20$3,694.23$4,348.16
Cash to close$127,577$59,840$59,840