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$479,989$479,989$553,100
Remaining term (yrs)24.724.730.0
Secondary amount$0$73,110$0
Funding fee$0$0$0
Note rate2.96%2.96%7.24%
Blended rate3.81%4.496%7.48%
1st payment$2,281.66$2,281.66$3,769.36
2nd payment$0.00$548.33$0.00
Taxes / mo$233.50$233.50$233.50
Insurance / mo$166.67$166.67$166.67
MI / mo$385.31$385.31$110.62
HOA / mo$0.00$0.00$0.00
Total monthly$3,067.14$3,615.46$4,280.15
Cash to close$134,566$61,456$61,456