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$321,936$321,936$378,000
Remaining term (yrs)23.223.230.0
Secondary amount$0$56,064$0
Funding fee$0$0$0
Note rate3.7%3.7%7.24%
Blended rate4.55%5.21%7.48%
1st payment$1,718.30$1,718.30$2,576.06
2nd payment$0.00$420.48$0.00
Taxes / mo$568.00$568.00$568.00
Insurance / mo$150.00$150.00$150.00
MI / mo$264.43$264.43$75.60
HOA / mo$0.00$0.00$0.00
Total monthly$2,700.73$3,121.21$3,369.66
Cash to close$98,064$42,000$42,000