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$386,011$386,011$404,910
Remaining term (yrs)24.824.830.0
Secondary amount$0$41,394$0
Funding fee$0$0$0
Note rate2.87%2.87%7.24%
Blended rate3.72%4.51%7.48%
1st payment$1,808.65$1,808.65$2,759.45
2nd payment$0.00$409.62$0.00
Taxes / mo$395.25$395.25$395.25
Insurance / mo$150.00$150.00$150.00
MI / mo$308.98$308.98$80.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,662.88$3,072.50$3,385.69
Cash to close$63,889$22,495$44,990