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$777,834$777,834$990,000
Remaining term (yrs)25.325.330.0
Secondary amount$0$212,166$0
Funding fee$0$0$0
Note rate3.38%3.38%7.24%
Blended rate4.23%4.984%7.48%
1st payment$3,804.05$3,804.05$6,746.83
2nd payment$0.00$1,370.24$0.00
Taxes / mo$440.00$440.00$440.00
Insurance / mo$216.67$216.67$216.67
MI / mo$609.11$609.11$198.00
HOA / mo$65.00$65.00$65.00
Total monthly$5,134.83$6,505.07$7,666.50
Cash to close$322,166$110,000$110,000