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$381,082$381,082$485,910
Remaining term (yrs)23.623.630.0
Secondary amount$0$104,828$0
Funding fee$0$0$0
Note rate3.31%3.31%7.24%
Blended rate4.16%4.988%7.48%
1st payment$1,937.10$1,937.10$3,311.47
2nd payment$0.00$698.85$0.00
Taxes / mo$253.33$253.33$253.33
Insurance / mo$166.67$166.67$166.67
MI / mo$312.91$312.91$97.18
HOA / mo$0.00$0.00$0.00
Total monthly$2,670.01$3,368.86$3,828.65
Cash to close$158,818$53,990$53,990