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$484,322$484,322$674,910
Remaining term (yrs)25.425.430.0
Secondary amount$0$190,588$0
Funding fee$0$0$0
Note rate3.76%3.76%7.24%
Blended rate4.61%5.567%7.48%
1st payment$2,463.25$2,463.25$4,599.50
2nd payment$0.00$1,270.59$0.00
Taxes / mo$246.83$246.83$246.83
Insurance / mo$216.67$216.67$216.67
MI / mo$376.29$376.29$134.98
HOA / mo$8.33$8.33$8.33
Total monthly$3,311.37$4,581.96$5,206.31
Cash to close$265,578$74,990$74,990