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$352,459$352,459$629,100
Remaining term (yrs)20.020.030.0
Secondary amount$0$276,641$0
Funding fee$0$0$0
Note rate3.68%3.68%7.24%
Blended rate4.53%5.946%7.48%
1st payment$2,071.03$2,071.03$4,287.30
2nd payment$0.00$1,786.64$0.00
Taxes / mo$520.50$520.50$520.50
Insurance / mo$166.67$166.67$166.67
MI / mo$319.50$319.50$125.82
HOA / mo$84.58$84.58$84.58
Total monthly$3,162.28$4,948.92$5,184.87
Cash to close$346,541$69,900$69,900