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$4,789$4,789$314,910
Remaining term (yrs)0.40.430.0
Secondary amount$0$310,121$0
Funding fee$0$0$0
Note rate3.2%3.2%7.24%
Blended rate4.05%7.694%7.48%
1st payment$805.55$805.55$2,146.11
2nd payment$0.00$2,002.87$0.00
Taxes / mo$56.25$56.25$56.25
Insurance / mo$150.00$150.00$150.00
MI / mo$81.49$81.49$62.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,093.29$3,096.15$2,415.34
Cash to close$345,111$34,990$34,990