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$534,435$534,435$629,996
Remaining term (yrs)24.624.630.0
Secondary amount$0$95,561$0
Funding fee$0$0$0
Note rate2.94%2.94%7.24%
Blended rate3.79%4.58%7.48%
1st payment$2,540.77$2,540.77$4,293.41
2nd payment$0.00$716.71$0.00
Taxes / mo$330.25$330.25$330.25
Insurance / mo$166.67$166.67$166.67
MI / mo$430.17$430.17$126.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,467.85$4,184.56$4,916.32
Cash to close$165,560$70,000$70,000