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$321,185$321,185$400,500
Remaining term (yrs)24.724.730.0
Secondary amount$0$79,315$0
Funding fee$0$0$0
Note rate3.06%3.06%7.24%
Blended rate3.91%4.918%7.48%
1st payment$1,543.46$1,543.46$2,729.40
2nd payment$0.00$594.86$0.00
Taxes / mo$182.83$182.83$182.83
Insurance / mo$150.00$150.00$150.00
MI / mo$257.34$257.34$80.10
HOA / mo$0.00$0.00$0.00
Total monthly$2,133.63$2,728.49$3,142.33
Cash to close$123,815$44,500$44,500