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$327,646$327,646$553,500
Remaining term (yrs)23.023.030.0
Secondary amount$0$225,854$0
Funding fee$0$0$0
Note rate3.61%3.61%7.24%
Blended rate4.46%5.802%7.48%
1st payment$1,745.02$1,745.02$3,772.09
2nd payment$0.00$1,458.64$0.00
Taxes / mo$492.75$492.75$492.75
Insurance / mo$166.67$166.67$166.67
MI / mo$271.54$271.54$110.70
HOA / mo$56.00$56.00$56.00
Total monthly$2,731.97$4,190.61$4,598.21
Cash to close$287,354$61,500$61,500