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$341,014$341,014$441,000
Remaining term (yrs)23.423.430.0
Secondary amount$0$99,986$0
Funding fee$0$0$0
Note rate3.47%3.47%7.24%
Blended rate4.32%5.381%7.48%
1st payment$1,770.25$1,770.25$3,005.41
2nd payment$0.00$749.90$0.00
Taxes / mo$608.00$608.00$608.00
Insurance / mo$166.67$166.67$166.67
MI / mo$280.29$280.29$88.20
HOA / mo$65.00$65.00$65.00
Total monthly$2,890.20$3,640.10$3,933.27
Cash to close$148,986$49,000$49,000