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$517,739$517,739$697,399
Remaining term (yrs)24.724.730.0
Secondary amount$0$179,660$0
Funding fee$0$0$0
Note rate2.9%2.9%7.24%
Blended rate3.75%4.845%7.48%
1st payment$2,439.44$2,439.44$4,752.76
2nd payment$0.00$1,197.73$0.00
Taxes / mo$393.25$393.25$393.25
Insurance / mo$216.67$216.67$216.67
MI / mo$415.14$415.14$139.48
HOA / mo$105.00$105.00$105.00
Total monthly$3,569.50$4,767.23$5,607.16
Cash to close$257,149$77,489$77,489