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$384,243$384,243$449,100
Remaining term (yrs)24.624.630.0
Secondary amount$0$64,857$0
Funding fee$0$0$0
Note rate2.96%2.96%7.24%
Blended rate3.81%4.56%7.48%
1st payment$1,830.71$1,830.71$3,060.61
2nd payment$0.00$486.42$0.00
Taxes / mo$458.92$458.92$458.92
Insurance / mo$166.67$166.67$166.67
MI / mo$309.16$309.16$89.82
HOA / mo$70.00$70.00$70.00
Total monthly$2,835.45$3,321.88$3,846.01
Cash to close$114,757$49,900$49,900