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$321,863$321,863$475,200
Remaining term (yrs)17.817.830.0
Secondary amount$0$153,337$0
Funding fee$0$0$0
Note rate4.35%4.35%7.24%
Blended rate5.2%6.104%7.48%
1st payment$2,158.01$2,158.01$3,238.48
2nd payment$0.00$1,022.25$0.00
Taxes / mo$391.50$391.50$391.50
Insurance / mo$166.67$166.67$166.67
MI / mo$307.06$307.06$95.04
HOA / mo$210.00$210.00$210.00
Total monthly$3,233.24$4,255.49$4,101.69
Cash to close$206,137$52,800$52,800