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$89,768$89,768$378,000
Remaining term (yrs)19.719.730.0
Secondary amount$0$288,232$0
Funding fee$0$0$0
Note rate3.48%3.48%7.24%
Blended rate4.33%6.938%7.48%
1st payment$524.26$524.26$2,576.06
2nd payment$0.00$1,861.50$0.00
Taxes / mo$94.92$94.92$94.92
Insurance / mo$150.00$150.00$150.00
MI / mo$82.90$82.90$75.60
HOA / mo$0.00$0.00$0.00
Total monthly$852.08$2,713.57$2,896.58
Cash to close$330,232$42,000$42,000