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$346,686$346,686$521,910
Remaining term (yrs)24.324.330.0
Secondary amount$0$175,224$0
Funding fee$0$0$0
Note rate2.68%2.68%7.24%
Blended rate3.53%5.031%7.48%
1st payment$1,613.56$1,613.56$3,556.81
2nd payment$0.00$1,168.16$0.00
Taxes / mo$526.50$526.50$526.50
Insurance / mo$166.67$166.67$166.67
MI / mo$282.53$282.53$104.38
HOA / mo$0.00$0.00$0.00
Total monthly$2,589.25$3,757.41$4,354.36
Cash to close$233,214$57,990$57,990