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$325,269$325,269$557,100
Remaining term (yrs)19.719.730.0
Secondary amount$0$231,831$0
Funding fee$0$0$0
Note rate3.69%3.69%7.24%
Blended rate4.54%5.876%7.48%
1st payment$1,934.78$1,934.78$3,796.63
2nd payment$0.00$1,497.24$0.00
Taxes / mo$424.33$424.33$424.33
Insurance / mo$166.67$166.67$166.67
MI / mo$298.11$298.11$111.42
HOA / mo$100.00$100.00$100.00
Total monthly$2,923.89$4,421.13$4,599.05
Cash to close$293,731$61,900$61,900