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$258,505$258,505$508,500
Remaining term (yrs)18.618.630.0
Secondary amount$0$249,995$0
Funding fee$0$0$0
Note rate3.67%3.67%7.24%
Blended rate4.52%6.108%7.48%
1st payment$1,595.82$1,595.82$3,465.42
2nd payment$0.00$1,614.55$0.00
Taxes / mo$617.92$617.92$617.92
Insurance / mo$166.67$166.67$166.67
MI / mo$246.49$246.49$101.70
HOA / mo$40.00$40.00$40.00
Total monthly$2,666.89$4,281.44$4,391.70
Cash to close$306,495$56,500$56,500