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$379,406$379,406$434,250
Remaining term (yrs)23.923.930.0
Secondary amount$0$54,844$0
Funding fee$0$0$0
Note rate2.99%2.99%7.24%
Blended rate3.84%4.492%7.48%
1st payment$1,847.68$1,847.68$2,959.41
2nd payment$0.00$411.33$0.00
Taxes / mo$525.42$525.42$525.42
Insurance / mo$166.67$166.67$166.67
MI / mo$310.83$310.83$86.85
HOA / mo$0.00$0.00$0.00
Total monthly$2,850.59$3,261.92$3,738.34
Cash to close$103,094$48,250$48,250