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$412,235$412,235$531,000
Remaining term (yrs)25.025.030.0
Secondary amount$0$118,765$0
Funding fee$0$0$0
Note rate2.84%2.84%7.24%
Blended rate3.69%4.654%7.48%
1st payment$1,916.35$1,916.35$3,618.76
2nd payment$0.00$791.77$0.00
Taxes / mo$328.17$328.17$328.17
Insurance / mo$166.67$166.67$166.67
MI / mo$328.65$328.65$106.20
HOA / mo$57.00$57.00$57.00
Total monthly$2,796.83$3,588.60$4,276.79
Cash to close$177,765$59,000$59,000