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$386,559$386,559$414,000
Remaining term (yrs)25.125.130.0
Secondary amount$0$27,441$0
Funding fee$0$0$0
Note rate2.98%2.98%7.24%
Blended rate3.83%4.173%7.48%
1st payment$1,820.93$1,820.93$2,821.40
2nd payment$0.00$205.81$0.00
Taxes / mo$505.75$505.75$505.75
Insurance / mo$166.67$166.67$166.67
MI / mo$306.72$306.72$82.80
HOA / mo$0.00$0.00$0.00
Total monthly$2,800.06$3,005.87$3,576.62
Cash to close$73,441$46,000$46,000