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$5,224$5,224$418,500
Remaining term (yrs)19.919.930.0
Secondary amount$0$413,276$0
Funding fee$0$0$0
Note rate2.9%2.9%7.24%
Blended rate3.75%7.7%7.48%
1st payment$28.71$28.71$2,852.07
2nd payment$0.00$2,669.07$0.00
Taxes / mo$165.17$165.17$165.17
Insurance / mo$166.67$166.67$166.67
MI / mo$4.45$4.45$83.70
HOA / mo$0.00$0.00$0.00
Total monthly$365.00$3,034.07$3,267.60
Cash to close$459,776$46,500$46,500