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$279,927$279,927$409,500
Remaining term (yrs)23.023.030.0
Secondary amount$0$129,573$0
Funding fee$0$0$0
Note rate3.61%3.61%7.24%
Blended rate4.46%5.58%7.48%
1st payment$1,490.87$1,490.87$2,790.73
2nd payment$0.00$863.82$0.00
Taxes / mo$418.08$418.08$418.08
Insurance / mo$166.67$166.67$166.67
MI / mo$231.99$231.99$81.90
HOA / mo$0.00$0.00$0.00
Total monthly$2,307.61$3,171.43$3,457.38
Cash to close$175,073$45,500$45,500