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$359,176$359,176$449,100
Remaining term (yrs)24.024.030.0
Secondary amount$0$89,924$0
Funding fee$0$0$0
Note rate2.89%2.89%7.24%
Blended rate3.74%4.793%7.48%
1st payment$1,726.54$1,726.54$3,060.61
2nd payment$0.00$674.43$0.00
Taxes / mo$190.75$190.75$190.75
Insurance / mo$166.67$166.67$166.67
MI / mo$294.20$294.20$89.82
HOA / mo$507.00$507.00$507.00
Total monthly$2,885.15$3,559.58$4,014.84
Cash to close$139,824$49,900$49,900