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$348,524$348,524$476,910
Remaining term (yrs)20.420.430.0
Secondary amount$0$128,386$0
Funding fee$0$0$0
Note rate4.28%4.28%7.24%
Blended rate5.13%5.903%7.48%
1st payment$2,130.41$2,130.41$3,250.13
2nd payment$0.00$855.91$0.00
Taxes / mo$565.17$565.17$565.17
Insurance / mo$166.67$166.67$166.67
MI / mo$305.66$305.66$95.38
HOA / mo$65.00$65.00$65.00
Total monthly$3,232.90$4,088.81$4,142.35
Cash to close$181,376$52,990$52,990