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$380,599$380,599$989,100
Remaining term (yrs)23.623.630.0
Secondary amount$0$608,501$0
Funding fee$0$0$0
Note rate3.45%3.45%7.24%
Blended rate4.3%6.422%7.48%
1st payment$1,962.71$1,962.71$6,740.70
2nd payment$0.00$3,929.91$0.00
Taxes / mo$569.08$569.08$569.08
Insurance / mo$216.67$216.67$216.67
MI / mo$311.53$311.53$197.82
HOA / mo$0.00$0.00$0.00
Total monthly$3,059.99$6,989.90$7,724.27
Cash to close$718,401$109,900$109,900