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$396,906$396,906$494,910
Remaining term (yrs)24.924.930.0
Secondary amount$0$98,004$0
Funding fee$0$0$0
Note rate2.87%2.87%7.24%
Blended rate3.72%4.766%7.48%
1st payment$1,855.45$1,855.45$3,372.80
2nd payment$0.00$735.03$0.00
Taxes / mo$401.83$401.83$401.83
Insurance / mo$166.67$166.67$166.67
MI / mo$316.98$316.98$98.98
HOA / mo$55.00$55.00$55.00
Total monthly$2,795.93$3,530.95$4,095.28
Cash to close$152,994$54,990$54,990