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$337,366$337,366$441,000
Remaining term (yrs)23.023.030.0
Secondary amount$0$103,634$0
Funding fee$0$0$0
Note rate3.61%3.61%7.24%
Blended rate4.46%5.292%7.48%
1st payment$1,796.79$1,796.79$3,005.41
2nd payment$0.00$690.89$0.00
Taxes / mo$368.17$368.17$368.17
Insurance / mo$166.67$166.67$166.67
MI / mo$279.59$279.59$88.20
HOA / mo$40.00$40.00$40.00
Total monthly$2,651.21$3,342.11$3,668.44
Cash to close$152,634$49,000$49,000