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$65,184$65,184$323,100
Remaining term (yrs)7.77.730.0
Secondary amount$0$257,916$0
Funding fee$0$0$0
Note rate3.36%3.36%7.24%
Blended rate4.21%7.036%7.48%
1st payment$789.67$789.67$2,201.92
2nd payment$0.00$1,665.71$0.00
Taxes / mo$277.08$277.08$277.08
Insurance / mo$150.00$150.00$150.00
MI / mo$97.65$97.65$64.62
HOA / mo$369.00$369.00$369.00
Total monthly$1,683.40$3,349.11$3,062.62
Cash to close$293,816$35,900$35,900