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$381,168$381,168$616,500
Remaining term (yrs)23.623.630.0
Secondary amount$0$235,332$0
Funding fee$0$0$0
Note rate3.31%3.31%7.24%
Blended rate4.16%5.53%7.48%
1st payment$1,937.53$1,937.53$4,201.44
2nd payment$0.00$1,519.86$0.00
Taxes / mo$340.92$340.92$340.92
Insurance / mo$166.67$166.67$166.67
MI / mo$312.98$312.98$123.30
HOA / mo$175.00$175.00$175.00
Total monthly$2,933.09$4,452.95$5,007.32
Cash to close$303,832$68,500$68,500