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$516,155$516,155$594,000
Remaining term (yrs)28.728.730.0
Secondary amount$0$77,845$0
Funding fee$0$0$0
Note rate2.25%2.25%7.24%
Blended rate2.8%3.613%7.48%
1st payment$2,033.16$2,033.16$4,048.10
2nd payment$0.00$583.84$0.00
Taxes / mo$291.58$291.58$291.58
Insurance / mo$166.67$166.67$166.67
MI / mo$243.79$243.79$118.80
HOA / mo$13.33$13.33$13.33
Total monthly$2,748.53$3,332.37$4,638.48
Cash to close$143,845$66,000$66,000