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$290,797$290,797$390,510
Remaining term (yrs)22.922.930.0
Secondary amount$0$99,713$0
Funding fee$0$0$0
Note rate3.58%3.58%7.24%
Blended rate4.43%5.597%7.48%
1st payment$1,547.74$1,547.74$2,661.32
2nd payment$0.00$747.85$0.00
Taxes / mo$245.17$245.17$245.17
Insurance / mo$150.00$150.00$150.00
MI / mo$241.73$241.73$78.10
HOA / mo$0.00$0.00$0.00
Total monthly$2,184.63$2,932.48$3,134.59
Cash to close$143,103$43,390$43,390