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$178,697$178,697$718,200
Remaining term (yrs)16.016.030.0
Secondary amount$0$539,503$0
Funding fee$0$0$0
Note rate3.25%3.25%7.24%
Blended rate4.1%6.842%7.48%
1st payment$1,190.08$1,190.08$4,894.52
2nd payment$0.00$3,484.29$0.00
Taxes / mo$430.18$430.18$430.18
Insurance / mo$216.67$216.67$216.67
MI / mo$193.70$193.70$143.64
HOA / mo$26.92$26.92$26.92
Total monthly$2,057.55$5,541.84$5,711.93
Cash to close$619,303$79,800$79,800