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$388,730$388,730$436,410
Remaining term (yrs)24.324.330.0
Secondary amount$0$47,680$0
Funding fee$0$0$0
Note rate2.73%2.73%7.24%
Blended rate3.58%4.172%7.48%
1st payment$1,819.12$1,819.12$2,974.13
2nd payment$0.00$357.60$0.00
Taxes / mo$333.58$333.58$333.58
Insurance / mo$166.67$166.67$166.67
MI / mo$316.45$316.45$87.28
HOA / mo$41.67$41.67$41.67
Total monthly$2,677.49$3,035.10$3,603.33
Cash to close$96,170$48,490$48,490