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$360,516$360,516$467,100
Remaining term (yrs)24.724.730.0
Secondary amount$0$106,584$0
Funding fee$0$0$0
Note rate2.98%2.98%7.24%
Blended rate3.83%4.782%7.48%
1st payment$1,713.57$1,713.57$3,183.28
2nd payment$0.00$710.56$0.00
Taxes / mo$176.75$176.75$176.75
Insurance / mo$166.67$166.67$166.67
MI / mo$288.63$288.63$93.42
HOA / mo$0.00$0.00$0.00
Total monthly$2,345.62$3,056.19$3,620.11
Cash to close$158,484$51,900$51,900