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$332,039$332,039$449,100
Remaining term (yrs)23.623.630.0
Secondary amount$0$117,061$0
Funding fee$0$0$0
Note rate3.31%3.31%7.24%
Blended rate4.16%5.161%7.48%
1st payment$1,687.81$1,687.81$3,060.61
2nd payment$0.00$780.41$0.00
Taxes / mo$466.42$466.42$466.42
Insurance / mo$166.67$166.67$166.67
MI / mo$272.64$272.64$89.82
HOA / mo$30.00$30.00$30.00
Total monthly$2,623.53$3,403.93$3,813.51
Cash to close$166,961$49,900$49,900