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$242,881$242,881$324,000
Remaining term (yrs)23.323.330.0
Secondary amount$0$81,119$0
Funding fee$0$0$0
Note rate3.6%3.6%7.24%
Blended rate4.45%5.589%7.48%
1st payment$1,280.48$1,280.48$2,208.05
2nd payment$0.00$608.39$0.00
Taxes / mo$177.50$177.50$177.50
Insurance / mo$150.00$150.00$150.00
MI / mo$199.50$199.50$64.80
HOA / mo$0.00$0.00$0.00
Total monthly$1,807.48$2,415.87$2,600.35
Cash to close$117,119$36,000$36,000