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$377,440$377,440$472,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$95,060$0
Funding fee$0$0$0
Note rate2.81%2.81%7.24%
Blended rate3.66%4.734%7.48%
1st payment$1,777.48$1,777.48$3,220.08
2nd payment$0.00$712.95$0.00
Taxes / mo$160.67$160.67$160.67
Insurance / mo$166.67$166.67$166.67
MI / mo$306.02$306.02$94.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,410.84$3,123.79$3,641.91
Cash to close$147,560$52,500$52,500