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$318,590$318,590$450,000
Remaining term (yrs)23.223.230.0
Secondary amount$0$131,410$0
Funding fee$0$0$0
Note rate3.72%3.72%7.24%
Blended rate4.57%5.572%7.48%
1st payment$1,703.85$1,703.85$3,066.74
2nd payment$0.00$876.07$0.00
Taxes / mo$528.25$528.25$528.25
Insurance / mo$166.67$166.67$166.67
MI / mo$261.56$261.56$90.00
HOA / mo$50.00$50.00$50.00
Total monthly$2,710.33$3,586.40$3,901.66
Cash to close$181,410$50,000$50,000