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$372,740$372,740$452,700
Remaining term (yrs)23.223.230.0
Secondary amount$0$79,960$0
Funding fee$0$0$0
Note rate3.72%3.72%7.24%
Blended rate4.57%5.352%7.48%
1st payment$1,993.45$1,993.45$3,085.14
2nd payment$0.00$599.70$0.00
Taxes / mo$307.33$307.33$307.33
Insurance / mo$166.67$166.67$166.67
MI / mo$306.02$306.02$90.54
HOA / mo$66.67$66.67$66.67
Total monthly$2,840.14$3,439.84$3,716.35
Cash to close$130,260$50,300$50,300