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$345,638$345,638$1,795,500
Remaining term (yrs)24.224.230.0
Secondary amount$0$1,449,862$0
Funding fee$0$0$0
Note rate2.77%2.77%7.24%
Blended rate3.62%6.955%7.48%
1st payment$1,632.33$1,632.33$12,236.30
2nd payment$0.00$9,363.69$0.00
Taxes / mo$657.42$657.42$657.42
Insurance / mo$216.67$216.67$216.67
MI / mo$282.49$282.49$359.10
HOA / mo$0.00$0.00$0.00
Total monthly$2,788.90$12,152.60$13,469.48
Cash to close$1,649,362$199,500$199,500