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$428,736$428,736$715,500
Remaining term (yrs)24.824.830.0
Secondary amount$0$286,764$0
Funding fee$0$0$0
Note rate2.87%2.87%7.24%
Blended rate3.72%5.335%7.48%
1st payment$2,008.83$2,008.83$4,876.12
2nd payment$0.00$1,852.02$0.00
Taxes / mo$497.42$497.42$497.42
Insurance / mo$216.67$216.67$216.67
MI / mo$343.18$343.18$143.10
HOA / mo$43.75$43.75$43.75
Total monthly$3,109.85$4,961.86$5,777.05
Cash to close$366,264$79,500$79,500