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$318,548$318,548$467,100
Remaining term (yrs)23.323.330.0
Secondary amount$0$148,552$0
Funding fee$0$0$0
Note rate3.62%3.62%7.24%
Blended rate4.47%5.593%7.48%
1st payment$1,682.79$1,682.79$3,183.28
2nd payment$0.00$990.35$0.00
Taxes / mo$357.25$357.25$357.25
Insurance / mo$166.67$166.67$166.67
MI / mo$261.53$261.53$93.42
HOA / mo$0.00$0.00$0.00
Total monthly$2,468.24$3,458.59$3,800.61
Cash to close$200,452$51,900$51,900