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$378,417$378,417$508,500
Remaining term (yrs)24.324.330.0
Secondary amount$0$130,083$0
Funding fee$0$0$0
Note rate2.73%2.73%7.24%
Blended rate3.58%4.711%7.48%
1st payment$1,770.86$1,770.86$3,465.42
2nd payment$0.00$867.22$0.00
Taxes / mo$587.33$587.33$587.33
Insurance / mo$166.67$166.67$166.67
MI / mo$308.06$308.06$101.70
HOA / mo$90.00$90.00$90.00
Total monthly$2,922.92$3,790.14$4,411.12
Cash to close$186,583$56,500$56,500