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$537,701$537,701$1,350,000
Remaining term (yrs)24.724.730.0
Secondary amount$0$812,299$0
Funding fee$0$0$0
Note rate3.02%3.02%7.24%
Blended rate3.87%6.205%7.48%
1st payment$2,566.93$2,566.93$9,200.22
2nd payment$0.00$5,246.09$0.00
Taxes / mo$492.83$492.83$492.83
Insurance / mo$216.67$216.67$216.67
MI / mo$430.17$430.17$270.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,706.60$8,952.69$10,179.72
Cash to close$962,299$150,000$150,000