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$283,996$283,996$414,000
Remaining term (yrs)23.523.530.0
Secondary amount$0$130,004$0
Funding fee$0$0$0
Note rate3.45%3.45%7.24%
Blended rate4.3%5.462%7.48%
1st payment$1,467.89$1,467.89$2,821.40
2nd payment$0.00$866.69$0.00
Taxes / mo$337.08$337.08$337.08
Insurance / mo$166.67$166.67$166.67
MI / mo$232.99$232.99$82.80
HOA / mo$476.00$476.00$476.00
Total monthly$2,680.63$3,547.32$3,883.95
Cash to close$176,004$46,000$46,000