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$439,874$439,874$508,410
Remaining term (yrs)25.125.130.0
Secondary amount$0$68,536$0
Funding fee$0$0$0
Note rate3.05%3.05%7.24%
Blended rate3.9%4.588%7.48%
1st payment$2,088.13$2,088.13$3,464.80
2nd payment$0.00$514.02$0.00
Taxes / mo$513.75$513.75$513.75
Insurance / mo$166.67$166.67$166.67
MI / mo$348.59$348.59$101.68
HOA / mo$125.00$125.00$125.00
Total monthly$3,242.13$3,756.15$4,371.90
Cash to close$125,026$56,490$56,490