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$313,829$313,829$539,910
Remaining term (yrs)23.923.930.0
Secondary amount$0$226,081$0
Funding fee$0$0$0
Note rate2.99%2.99%7.24%
Blended rate3.84%5.477%7.48%
1st payment$1,528.33$1,528.33$3,679.48
2nd payment$0.00$1,460.11$0.00
Taxes / mo$274.25$274.25$274.25
Insurance / mo$166.67$166.67$166.67
MI / mo$257.10$257.10$107.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,226.34$3,686.45$4,228.38
Cash to close$286,071$59,990$59,990