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$386,222$386,222$436,500
Remaining term (yrs)24.724.730.0
Secondary amount$0$50,278$0
Funding fee$0$0$0
Note rate2.99%2.99%7.24%
Blended rate3.84%4.434%7.48%
1st payment$1,837.76$1,837.76$2,974.74
2nd payment$0.00$377.08$0.00
Taxes / mo$521.75$521.75$521.75
Insurance / mo$166.67$166.67$166.67
MI / mo$309.16$309.16$87.30
HOA / mo$50.00$50.00$50.00
Total monthly$2,885.34$3,262.42$3,800.46
Cash to close$98,778$48,500$48,500