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$487,908$487,908$495,000
Remaining term (yrs)25.025.030.0
Secondary amount$0$34,592$0
Funding fee$0$0$0
Note rate2.77%2.77%7.24%
Blended rate3.62%4.167%7.48%
1st payment$2,250.57$2,250.57$3,373.42
2nd payment$0.00$342.32$0.00
Taxes / mo$398.42$398.42$398.42
Insurance / mo$166.67$166.67$166.67
MI / mo$389.48$389.48$99.00
HOA / mo$104.00$104.00$104.00
Total monthly$3,309.14$3,651.46$4,141.50
Cash to close$62,092$27,500$55,000