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$322,593$322,593$350,910
Remaining term (yrs)24.024.030.0
Secondary amount$0$28,317$0
Funding fee$0$0$0
Note rate2.88%2.88%7.24%
Blended rate3.73%4.155%7.48%
1st payment$1,549.03$1,549.03$2,391.45
2nd payment$0.00$212.38$0.00
Taxes / mo$258.92$258.92$258.92
Insurance / mo$150.00$150.00$150.00
MI / mo$264.29$264.29$70.18
HOA / mo$0.00$0.00$0.00
Total monthly$2,222.24$2,434.62$2,870.54
Cash to close$67,307$38,990$38,990