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$445,191$445,191$720,000
Remaining term (yrs)23.723.730.0
Secondary amount$0$274,809$0
Funding fee$0$0$0
Note rate2.25%2.25%7.24%
Blended rate3.1%4.875%7.48%
1st payment$2,012.53$2,012.53$4,906.79
2nd payment$0.00$1,774.81$0.00
Taxes / mo$626.75$626.75$626.75
Insurance / mo$0.00$0.00$0.00
MI / mo$372.94$372.94$144.00
HOA / mo$100.00$100.00$100.00
Total monthly$3,112.21$4,887.02$5,777.54
Cash to close$354,809$80,000$80,000