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$295,497$295,497$359,550
Remaining term (yrs)23.823.830.0
Secondary amount$0$64,053$0
Funding fee$0$0$0
Note rate2.99%2.99%7.24%
Blended rate3.84%4.759%7.48%
1st payment$1,442.48$1,442.48$2,450.33
2nd payment$0.00$480.39$0.00
Taxes / mo$170.92$170.92$170.92
Insurance / mo$150.00$150.00$150.00
MI / mo$242.66$242.66$71.91
HOA / mo$0.00$0.00$0.00
Total monthly$2,006.06$2,486.46$2,843.15
Cash to close$104,003$39,950$39,950