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$397,678$397,678$427,410
Remaining term (yrs)24.524.530.0
Secondary amount$0$29,732$0
Funding fee$0$0$0
Note rate2.875%2.875%7.24%
Blended rate3.725%4.092%7.48%
1st payment$1,881.65$1,881.65$2,912.79
2nd payment$0.00$222.99$0.00
Taxes / mo$508.25$508.25$508.25
Insurance / mo$166.67$166.67$166.67
MI / mo$321.25$321.25$85.48
HOA / mo$42.25$42.25$42.25
Total monthly$2,920.06$3,143.05$3,715.44
Cash to close$77,222$47,490$47,490