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$448,252$448,252$454,500
Remaining term (yrs)24.924.930.0
Secondary amount$0$31,498$0
Funding fee$0$0$0
Note rate2.84%2.84%7.24%
Blended rate3.69%4.227%7.48%
1st payment$2,088.55$2,088.55$3,097.41
2nd payment$0.00$311.70$0.00
Taxes / mo$321.58$321.58$321.58
Insurance / mo$166.67$166.67$166.67
MI / mo$358.18$358.18$90.90
HOA / mo$51.67$51.67$51.67
Total monthly$2,986.65$3,298.35$3,728.23
Cash to close$56,748$25,250$50,500