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$448,051$448,051$513,000
Remaining term (yrs)25.425.430.0
Secondary amount$0$64,949$0
Funding fee$0$0$0
Note rate3.76%3.76%7.24%
Blended rate4.61%5.166%7.48%
1st payment$2,278.78$2,278.78$3,496.09
2nd payment$0.00$487.12$0.00
Taxes / mo$288.17$288.17$288.17
Insurance / mo$166.67$166.67$166.67
MI / mo$348.11$348.11$102.60
HOA / mo$40.00$40.00$40.00
Total monthly$3,121.73$3,608.84$4,093.52
Cash to close$121,949$57,000$57,000