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$221,905$221,905$674,100
Remaining term (yrs)24.924.930.0
Secondary amount$0$452,195$0
Funding fee$0$0$0
Note rate2.87%2.87%7.24%
Blended rate3.72%6.423%7.48%
1st payment$1,037.36$1,037.36$4,593.98
2nd payment$0.00$2,920.43$0.00
Taxes / mo$385.17$385.17$385.17
Insurance / mo$216.67$216.67$216.67
MI / mo$177.22$177.22$134.82
HOA / mo$300.00$300.00$300.00
Total monthly$2,116.41$5,036.83$5,630.63
Cash to close$527,095$74,900$74,900