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$373,341$373,341$522,000
Remaining term (yrs)15.015.030.0
Secondary amount$0$148,659$0
Funding fee$0$0$0
Note rate2.88%2.88%7.24%
Blended rate3.73%4.946%7.48%
1st payment$2,545.44$2,545.44$3,557.42
2nd payment$0.00$991.06$0.00
Taxes / mo$328.17$328.17$328.17
Insurance / mo$166.67$166.67$166.67
MI / mo$328.65$328.65$104.40
HOA / mo$57.00$57.00$57.00
Total monthly$3,425.93$4,416.98$4,213.65
Cash to close$206,659$58,000$58,000