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$337,576$337,576$376,200
Remaining term (yrs)25.525.530.0
Secondary amount$0$38,624$0
Funding fee$0$0$0
Note rate3.76%3.76%7.24%
Blended rate4.61%5.061%7.48%
1st payment$1,713.57$1,713.57$2,563.80
2nd payment$0.00$289.68$0.00
Taxes / mo$164.67$164.67$164.67
Insurance / mo$150.00$150.00$150.00
MI / mo$261.77$261.77$75.24
HOA / mo$0.00$0.00$0.00
Total monthly$2,290.00$2,579.69$2,953.70
Cash to close$80,424$41,800$41,800