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$312,567$312,567$445,500
Remaining term (yrs)21.721.730.0
Secondary amount$0$132,933$0
Funding fee$0$0$0
Note rate4.57%4.57%7.24%
Blended rate5.42%6.19%7.48%
1st payment$1,887.65$1,887.65$3,036.07
2nd payment$0.00$886.22$0.00
Taxes / mo$590.67$590.67$590.67
Insurance / mo$166.67$166.67$166.67
MI / mo$261.74$261.74$89.10
HOA / mo$47.00$47.00$47.00
Total monthly$2,953.72$3,839.94$3,929.51
Cash to close$182,433$49,500$49,500