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$311,026$311,026$440,910
Remaining term (yrs)24.424.430.0
Secondary amount$0$129,884$0
Funding fee$0$0$0
Note rate2.24%2.24%7.24%
Blended rate3.09%4.536%7.48%
1st payment$1,375.59$1,375.59$3,004.79
2nd payment$0.00$865.89$0.00
Taxes / mo$339.92$339.92$339.92
Insurance / mo$166.67$166.67$166.67
MI / mo$255.25$255.25$88.18
HOA / mo$35.00$35.00$35.00
Total monthly$2,172.42$3,038.31$3,634.56
Cash to close$178,874$48,990$48,990