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$296,296$296,296$450,000
Remaining term (yrs)22.822.830.0
Secondary amount$0$153,704$0
Funding fee$0$0$0
Note rate3.81%3.81%7.24%
Blended rate4.66%5.801%7.48%
1st payment$1,617.01$1,617.01$3,066.74
2nd payment$0.00$1,024.69$0.00
Taxes / mo$304.83$304.83$304.83
Insurance / mo$166.67$166.67$166.67
MI / mo$245.51$245.51$90.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,334.02$3,358.72$3,628.24
Cash to close$203,704$50,000$50,000