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$443,228$443,228$447,210
Remaining term (yrs)25.325.330.0
Secondary amount$0$28,827$0
Funding fee$0$0$0
Note rate3.45%3.45%7.24%
Blended rate4.3%4.763%7.48%
1st payment$2,184.25$2,184.25$3,047.73
2nd payment$0.00$285.26$0.00
Taxes / mo$430.17$430.17$430.17
Insurance / mo$166.67$166.67$166.67
MI / mo$346.70$346.70$89.44
HOA / mo$0.00$0.00$0.00
Total monthly$3,127.78$3,413.05$3,734.00
Cash to close$53,672$24,845$49,690