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$325,401$325,401$341,910
Remaining term (yrs)24.824.830.0
Secondary amount$0$35,504$0
Funding fee$0$0$0
Note rate2.8%2.8%7.24%
Blended rate3.65%4.459%7.48%
1st payment$1,512.94$1,512.94$2,330.11
2nd payment$0.00$351.34$0.00
Taxes / mo$243.83$243.83$243.83
Insurance / mo$150.00$150.00$150.00
MI / mo$260.81$260.81$68.38
HOA / mo$425.00$425.00$425.00
Total monthly$2,592.59$2,943.93$3,217.33
Cash to close$54,499$18,995$37,990