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$221,075$221,075$585,000
Remaining term (yrs)15.415.430.0
Secondary amount$0$363,925$0
Funding fee$0$0$0
Note rate3.95%3.95%7.24%
Blended rate4.8%6.635%7.48%
1st payment$1,591.22$1,591.22$3,986.76
2nd payment$0.00$2,350.35$0.00
Taxes / mo$357.58$357.58$357.58
Insurance / mo$166.67$166.67$166.67
MI / mo$237.52$237.52$117.00
HOA / mo$4.17$4.17$4.17
Total monthly$2,357.16$4,707.51$4,632.18
Cash to close$428,925$65,000$65,000