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$519,884$519,884$688,476
Remaining term (yrs)24.424.430.0
Secondary amount$0$168,591$0
Funding fee$0$0$0
Note rate3.05%3.05%7.24%
Blended rate3.9%4.904%7.48%
1st payment$2,512.67$2,512.67$4,691.95
2nd payment$0.00$1,123.94$0.00
Taxes / mo$552.33$552.33$552.33
Insurance / mo$216.67$216.67$216.67
MI / mo$419.46$419.46$137.70
HOA / mo$99.00$99.00$99.00
Total monthly$3,800.14$4,924.08$5,697.64
Cash to close$245,089$76,497$76,497