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$383,451$383,451$450,000
Remaining term (yrs)23.823.830.0
Secondary amount$0$66,549$0
Funding fee$0$0$0
Note rate2.98%2.98%7.24%
Blended rate3.83%4.595%7.48%
1st payment$1,869.86$1,869.86$3,066.74
2nd payment$0.00$499.12$0.00
Taxes / mo$281.25$281.25$281.25
Insurance / mo$166.67$166.67$166.67
MI / mo$314.96$314.96$90.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,632.73$3,131.85$3,604.66
Cash to close$116,549$50,000$50,000