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$457,936$457,936$476,100
Remaining term (yrs)25.225.230.0
Secondary amount$0$44,614$0
Funding fee$0$0$0
Note rate3.07%3.07%7.24%
Blended rate3.92%4.626%7.48%
1st payment$2,173.89$2,173.89$3,244.61
2nd payment$0.00$441.49$0.00
Taxes / mo$299.75$299.75$299.75
Insurance / mo$166.67$166.67$166.67
MI / mo$361.98$361.98$95.22
HOA / mo$65.00$65.00$65.00
Total monthly$3,067.29$3,508.78$3,871.25
Cash to close$71,064$26,450$52,900