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$330,209$330,209$472,500
Remaining term (yrs)25.025.030.0
Secondary amount$0$142,291$0
Funding fee$0$0$0
Note rate2.88%2.88%7.24%
Blended rate3.73%5.016%7.48%
1st payment$1,541.85$1,541.85$3,220.08
2nd payment$0.00$948.61$0.00
Taxes / mo$206.42$206.42$206.42
Insurance / mo$166.67$166.67$166.67
MI / mo$263.07$263.07$94.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,178.00$3,126.61$3,687.66
Cash to close$194,791$52,500$52,500