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$399,923$399,923$442,800
Remaining term (yrs)25.125.130.0
Secondary amount$0$42,877$0
Funding fee$0$0$0
Note rate4.2%4.2%7.24%
Blended rate5.05%5.432%7.48%
1st payment$2,147.28$2,147.28$3,017.67
2nd payment$0.00$321.58$0.00
Taxes / mo$277.25$277.25$277.25
Insurance / mo$166.67$166.67$166.67
MI / mo$311.03$311.03$88.56
HOA / mo$0.00$0.00$0.00
Total monthly$2,902.23$3,223.81$3,550.15
Cash to close$92,077$49,200$49,200