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$215,669$215,669$1,071,000
Remaining term (yrs)24.024.030.0
Secondary amount$0$855,331$0
Funding fee$0$0$0
Note rate2.78%2.78%7.24%
Blended rate3.63%6.92%7.48%
1st payment$1,024.58$1,024.58$7,298.85
2nd payment$0.00$5,524.01$0.00
Taxes / mo$788.33$788.33$788.33
Insurance / mo$216.67$216.67$216.67
MI / mo$177.08$177.08$214.20
HOA / mo$0.00$0.00$0.00
Total monthly$2,206.66$7,730.67$8,518.05
Cash to close$974,331$119,000$119,000