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$335,580$335,580$526,500
Remaining term (yrs)24.124.130.0
Secondary amount$0$190,920$0
Funding fee$0$0$0
Note rate2.35%2.35%7.24%
Blended rate3.2%4.941%7.48%
1st payment$1,517.80$1,517.80$3,588.09
2nd payment$0.00$1,272.80$0.00
Taxes / mo$578.08$578.08$578.08
Insurance / mo$166.67$166.67$166.67
MI / mo$277.54$277.54$105.30
HOA / mo$41.67$41.67$41.67
Total monthly$2,581.76$3,854.56$4,479.81
Cash to close$249,420$58,500$58,500