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$221,905$221,905$692,100
Remaining term (yrs)24.924.930.0
Secondary amount$0$470,195$0
Funding fee$0$0$0
Note rate2.87%2.87%7.24%
Blended rate3.72%6.458%7.48%
1st payment$1,037.36$1,037.36$4,716.65
2nd payment$0.00$3,036.68$0.00
Taxes / mo$385.17$385.17$385.17
Insurance / mo$216.67$216.67$216.67
MI / mo$177.22$177.22$138.42
HOA / mo$300.00$300.00$300.00
Total monthly$2,116.41$5,153.08$5,756.90
Cash to close$547,095$76,900$76,900