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$561,129$561,129$832,500
Remaining term (yrs)25.325.330.0
Secondary amount$0$271,371$0
Funding fee$0$0$0
Note rate3.45%3.45%7.24%
Blended rate4.3%5.425%7.48%
1st payment$2,765.27$2,765.27$5,673.47
2nd payment$0.00$1,752.61$0.00
Taxes / mo$506.58$506.58$506.58
Insurance / mo$216.67$216.67$216.67
MI / mo$438.92$438.92$166.50
HOA / mo$133.33$133.33$133.33
Total monthly$4,060.77$5,813.38$6,696.55
Cash to close$363,871$92,500$92,500