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$284,319$284,319$342,000
Remaining term (yrs)23.423.430.0
Secondary amount$0$57,681$0
Funding fee$0$0$0
Note rate3.47%3.47%7.24%
Blended rate4.32%5.109%7.48%
1st payment$1,475.94$1,475.94$2,330.72
2nd payment$0.00$432.60$0.00
Taxes / mo$185.83$185.83$185.83
Insurance / mo$150.00$150.00$150.00
MI / mo$233.69$233.69$68.40
HOA / mo$0.00$0.00$0.00
Total monthly$2,045.46$2,478.07$2,734.96
Cash to close$95,681$38,000$38,000