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$427,867$427,867$576,000
Remaining term (yrs)24.224.230.0
Secondary amount$0$148,133$0
Funding fee$0$0$0
Note rate2.84%2.84%7.24%
Blended rate3.69%4.798%7.48%
1st payment$2,035.98$2,035.98$3,925.43
2nd payment$0.00$987.55$0.00
Taxes / mo$558.58$558.58$558.58
Insurance / mo$166.67$166.67$166.67
MI / mo$349.17$349.17$115.20
HOA / mo$0.00$0.00$0.00
Total monthly$3,110.40$4,097.95$4,765.88
Cash to close$212,133$64,000$64,000