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$386,289$386,289$517,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$131,211$0
Funding fee$0$0$0
Note rate2.74%2.74%7.24%
Blended rate3.59%4.708%7.48%
1st payment$1,805.34$1,805.34$3,526.75
2nd payment$0.00$874.74$0.00
Taxes / mo$428.58$428.58$428.58
Insurance / mo$166.67$166.67$166.67
MI / mo$313.65$313.65$103.50
HOA / mo$90.00$90.00$90.00
Total monthly$2,804.24$3,678.98$4,315.50
Cash to close$188,711$57,500$57,500