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$430,327$430,327$570,600
Remaining term (yrs)24.724.730.0
Secondary amount$0$140,273$0
Funding fee$0$0$0
Note rate2.98%2.98%7.24%
Blended rate3.83%4.855%7.48%
1st payment$2,045.39$2,045.39$3,888.63
2nd payment$0.00$935.16$0.00
Taxes / mo$513.67$513.67$513.67
Insurance / mo$166.67$166.67$166.67
MI / mo$344.53$344.53$114.12
HOA / mo$52.00$52.00$52.00
Total monthly$3,122.25$4,057.41$4,735.08
Cash to close$203,673$63,400$63,400