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$307,646$307,646$405,000
Remaining term (yrs)23.823.830.0
Secondary amount$0$97,354$0
Funding fee$0$0$0
Note rate3.02%3.02%7.24%
Blended rate3.87%5.103%7.48%
1st payment$1,506.55$1,506.55$2,760.07
2nd payment$0.00$730.16$0.00
Taxes / mo$433.42$433.42$433.42
Insurance / mo$150.00$150.00$150.00
MI / mo$252.47$252.47$81.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,342.43$3,072.59$3,424.48
Cash to close$142,354$45,000$45,000