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$470,726$470,726$494,910
Remaining term (yrs)25.225.230.0
Secondary amount$0$51,679$0
Funding fee$0$0$0
Note rate3.07%3.07%7.24%
Blended rate3.92%4.707%7.48%
1st payment$2,234.61$2,234.61$3,372.80
2nd payment$0.00$511.40$0.00
Taxes / mo$246.58$246.58$246.58
Insurance / mo$166.67$166.67$166.67
MI / mo$372.09$372.09$98.98
HOA / mo$0.00$0.00$0.00
Total monthly$3,019.95$3,531.35$3,885.03
Cash to close$79,174$27,495$54,990