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$342,842$342,842$494,910
Remaining term (yrs)23.823.830.0
Secondary amount$0$152,068$0
Funding fee$0$0$0
Note rate2.99%2.99%7.24%
Blended rate3.84%5.118%7.48%
1st payment$1,673.60$1,673.60$3,372.80
2nd payment$0.00$1,013.79$0.00
Taxes / mo$324.17$324.17$324.17
Insurance / mo$166.67$166.67$166.67
MI / mo$281.54$281.54$98.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,445.97$3,459.76$3,962.62
Cash to close$207,058$54,990$54,990