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$460,771$460,771$490,500
Remaining term (yrs)25.225.230.0
Secondary amount$0$29,729$0
Funding fee$0$0$0
Note rate3.1%3.1%7.24%
Blended rate3.95%4.256%7.48%
1st payment$2,189.83$2,189.83$3,342.75
2nd payment$0.00$222.97$0.00
Taxes / mo$274.00$274.00$274.00
Insurance / mo$166.67$166.67$166.67
MI / mo$363.25$363.25$98.10
HOA / mo$152.00$152.00$152.00
Total monthly$3,145.74$3,368.71$4,033.52
Cash to close$84,229$54,500$54,500