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$328,795$328,795$346,500
Remaining term (yrs)25.625.630.0
Secondary amount$0$36,955$0
Funding fee$0$0$0
Note rate4.98%4.98%7.24%
Blended rate5.83%6.441%7.48%
1st payment$1,893.23$1,893.23$2,361.39
2nd payment$0.00$365.70$0.00
Taxes / mo$174.08$174.08$174.08
Insurance / mo$150.00$150.00$150.00
MI / mo$250.38$250.38$69.30
HOA / mo$18.75$18.75$18.75
Total monthly$2,486.45$2,852.15$2,773.52
Cash to close$56,205$19,250$38,500