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$374,821$374,821$553,500
Remaining term (yrs)22.322.330.0
Secondary amount$0$178,679$0
Funding fee$0$0$0
Note rate4.46%4.46%7.24%
Blended rate5.31%6.178%7.48%
1st payment$2,206.49$2,206.49$3,772.09
2nd payment$0.00$1,191.19$0.00
Taxes / mo$555.75$555.75$555.75
Insurance / mo$166.67$166.67$166.67
MI / mo$309.91$309.91$110.70
HOA / mo$66.67$66.67$66.67
Total monthly$3,305.49$4,496.68$4,671.88
Cash to close$240,179$61,500$61,500