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$362,434$362,434$376,200
Remaining term (yrs)25.025.030.0
Secondary amount$0$34,666$0
Funding fee$0$0$0
Note rate2.9%2.9%7.24%
Blended rate3.75%4.459%7.48%
1st payment$1,696.07$1,696.07$2,563.80
2nd payment$0.00$343.05$0.00
Taxes / mo$235.92$235.92$235.92
Insurance / mo$150.00$150.00$150.00
MI / mo$288.63$288.63$75.24
HOA / mo$16.67$16.67$16.67
Total monthly$2,387.29$2,730.33$3,041.62
Cash to close$55,566$20,900$41,800