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$339,554$339,554$391,500
Remaining term (yrs)24.724.730.0
Secondary amount$0$51,946$0
Funding fee$0$0$0
Note rate2.99%2.99%7.24%
Blended rate3.84%4.525%7.48%
1st payment$1,619.37$1,619.37$2,668.07
2nd payment$0.00$389.59$0.00
Taxes / mo$202.83$202.83$202.83
Insurance / mo$150.00$150.00$150.00
MI / mo$272.42$272.42$78.30
HOA / mo$0.00$0.00$0.00
Total monthly$2,244.62$2,634.22$3,099.20
Cash to close$95,446$43,500$43,500