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$218,482$218,482$598,500
Remaining term (yrs)18.518.530.0
Secondary amount$0$380,018$0
Funding fee$0$0$0
Note rate3.77%3.77%7.24%
Blended rate4.62%6.607%7.48%
1st payment$1,364.17$1,364.17$4,078.77
2nd payment$0.00$2,454.28$0.00
Taxes / mo$256.17$256.17$256.17
Insurance / mo$166.67$166.67$166.67
MI / mo$208.14$208.14$119.70
HOA / mo$39.00$39.00$39.00
Total monthly$2,034.14$4,488.42$4,660.30
Cash to close$446,518$66,500$66,500