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$343,234$343,234$431,100
Remaining term (yrs)23.723.730.0
Secondary amount$0$87,866$0
Funding fee$0$0$0
Note rate3.23%3.23%7.24%
Blended rate4.08%5.083%7.48%
1st payment$1,726.30$1,726.30$2,937.94
2nd payment$0.00$659.00$0.00
Taxes / mo$489.42$489.42$489.42
Insurance / mo$166.67$166.67$166.67
MI / mo$281.68$281.68$86.22
HOA / mo$95.67$95.67$95.67
Total monthly$2,759.73$3,418.73$3,775.91
Cash to close$135,766$47,900$47,900