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$461,906$461,906$566,910
Remaining term (yrs)24.824.830.0
Secondary amount$0$105,004$0
Funding fee$0$0$0
Note rate2.87%2.87%7.24%
Blended rate3.72%4.513%7.48%
1st payment$2,164.25$2,164.25$3,863.48
2nd payment$0.00$700.03$0.00
Taxes / mo$368.58$368.58$368.58
Insurance / mo$166.67$166.67$166.67
MI / mo$369.73$369.73$113.38
HOA / mo$0.00$0.00$0.00
Total monthly$3,069.23$3,769.26$4,512.11
Cash to close$167,994$62,990$62,990