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$429,228$429,228$702,000
Remaining term (yrs)24.724.730.0
Secondary amount$0$272,772$0
Funding fee$0$0$0
Note rate2.77%2.77%7.24%
Blended rate3.62%5.225%7.48%
1st payment$1,998.39$1,998.39$4,784.12
2nd payment$0.00$1,761.65$0.00
Taxes / mo$596.67$596.67$596.67
Insurance / mo$216.67$216.67$216.67
MI / mo$345.84$345.84$140.40
HOA / mo$50.00$50.00$50.00
Total monthly$3,207.56$4,969.21$5,787.85
Cash to close$350,772$78,000$78,000