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$335,289$335,289$373,410
Remaining term (yrs)25.225.230.0
Secondary amount$0$38,121$0
Funding fee$0$0$0
Note rate3.07%3.07%7.24%
Blended rate3.92%4.439%7.48%
1st payment$1,591.66$1,591.66$2,544.78
2nd payment$0.00$285.91$0.00
Taxes / mo$371.92$371.92$371.92
Insurance / mo$150.00$150.00$150.00
MI / mo$265.03$265.03$74.68
HOA / mo$0.00$0.00$0.00
Total monthly$2,378.62$2,664.52$3,141.38
Cash to close$79,611$41,490$41,490