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$359,931$359,931$449,999
Remaining term (yrs)25.225.230.0
Secondary amount$0$90,068$0
Funding fee$0$0$0
Note rate3.1%3.1%7.24%
Blended rate3.95%4.961%7.48%
1st payment$1,710.58$1,710.58$3,066.74
2nd payment$0.00$675.51$0.00
Taxes / mo$241.08$241.08$241.08
Insurance / mo$166.67$166.67$166.67
MI / mo$283.75$283.75$90.00
HOA / mo$5.17$5.17$5.17
Total monthly$2,407.25$3,082.76$3,569.66
Cash to close$140,068$50,000$50,000