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$379,173$379,173$539,999
Remaining term (yrs)24.724.730.0
Secondary amount$0$160,826$0
Funding fee$0$0$0
Note rate2.93%2.93%7.24%
Blended rate3.78%5.037%7.48%
1st payment$1,792.43$1,792.43$3,680.08
2nd payment$0.00$1,072.17$0.00
Taxes / mo$351.83$351.83$351.83
Insurance / mo$166.67$166.67$166.67
MI / mo$303.86$303.86$108.00
HOA / mo$180.00$180.00$180.00
Total monthly$2,794.79$3,866.97$4,486.58
Cash to close$220,826$60,000$60,000