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$331,888$331,888$373,500
Remaining term (yrs)25.125.130.0
Secondary amount$0$41,612$0
Funding fee$0$0$0
Note rate3.07%3.07%7.24%
Blended rate3.92%4.486%7.48%
1st payment$1,578.97$1,578.97$2,545.40
2nd payment$0.00$312.09$0.00
Taxes / mo$243.92$243.92$243.92
Insurance / mo$150.00$150.00$150.00
MI / mo$262.92$262.92$74.70
HOA / mo$350.00$350.00$350.00
Total monthly$2,585.81$2,897.91$3,364.01
Cash to close$83,112$41,500$41,500