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$508,674$508,674$629,910
Remaining term (yrs)25.225.230.0
Secondary amount$0$121,236$0
Funding fee$0$0$0
Note rate2.9%2.9%7.24%
Blended rate3.75%4.568%7.48%
1st payment$2,364.44$2,364.44$4,292.82
2nd payment$0.00$808.24$0.00
Taxes / mo$428.08$428.08$428.08
Insurance / mo$166.67$166.67$166.67
MI / mo$402.38$402.38$125.98
HOA / mo$140.00$140.00$140.00
Total monthly$3,501.57$4,309.81$5,153.56
Cash to close$191,226$69,990$69,990