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$439,268$439,268$535,500
Remaining term (yrs)24.724.730.0
Secondary amount$0$96,232$0
Funding fee$0$0$0
Note rate2.96%2.96%7.24%
Blended rate3.81%4.743%7.48%
1st payment$2,088.09$2,088.09$3,649.42
2nd payment$0.00$721.74$0.00
Taxes / mo$315.75$315.75$315.75
Insurance / mo$166.67$166.67$166.67
MI / mo$352.62$352.62$107.10
HOA / mo$0.00$0.00$0.00
Total monthly$2,923.12$3,644.87$4,238.94
Cash to close$155,732$59,500$59,500