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$360,284$360,284$440,100
Remaining term (yrs)24.424.430.0
Secondary amount$0$79,816$0
Funding fee$0$0$0
Note rate2.81%2.81%7.24%
Blended rate3.66%4.628%7.48%
1st payment$1,696.69$1,696.69$2,999.27
2nd payment$0.00$598.62$0.00
Taxes / mo$456.92$456.92$456.92
Insurance / mo$166.67$166.67$166.67
MI / mo$292.11$292.11$88.02
HOA / mo$58.33$58.33$58.33
Total monthly$2,670.71$3,269.34$3,769.21
Cash to close$128,716$48,900$48,900