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$478,938$478,938$616,500
Remaining term (yrs)24.724.730.0
Secondary amount$0$137,562$0
Funding fee$0$0$0
Note rate2.94%2.94%7.24%
Blended rate3.79%4.729%7.48%
1st payment$2,271.71$2,271.71$4,201.44
2nd payment$0.00$917.08$0.00
Taxes / mo$342.50$342.50$342.50
Insurance / mo$166.67$166.67$166.67
MI / mo$384.61$384.61$123.30
HOA / mo$75.00$75.00$75.00
Total monthly$3,240.48$4,157.57$4,908.90
Cash to close$206,062$68,500$68,500