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$489,889$489,889$539,100
Remaining term (yrs)24.724.730.0
Secondary amount$0$49,211$0
Funding fee$0$0$0
Note rate2.88%2.88%7.24%
Blended rate3.73%4.211%7.48%
1st payment$2,303.17$2,303.17$3,673.96
2nd payment$0.00$369.08$0.00
Taxes / mo$355.83$355.83$355.83
Insurance / mo$166.67$166.67$166.67
MI / mo$392.96$392.96$107.82
HOA / mo$53.33$53.33$53.33
Total monthly$3,271.95$3,641.03$4,357.61
Cash to close$109,111$59,900$59,900