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$341,962$341,962$494,100
Remaining term (yrs)23.223.230.0
Secondary amount$0$152,138$0
Funding fee$0$0$0
Note rate3.72%3.72%7.24%
Blended rate4.57%5.626%7.48%
1st payment$1,828.85$1,828.85$3,367.28
2nd payment$0.00$1,014.25$0.00
Taxes / mo$245.17$245.17$245.17
Insurance / mo$166.67$166.67$166.67
MI / mo$280.75$280.75$98.82
HOA / mo$60.00$60.00$60.00
Total monthly$2,581.43$3,595.68$3,937.94
Cash to close$207,038$54,900$54,900