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$342,515$342,515$409,500
Remaining term (yrs)25.125.130.0
Secondary amount$0$66,985$0
Funding fee$0$0$0
Note rate3.09%3.09%7.24%
Blended rate3.94%4.768%7.48%
1st payment$1,633.12$1,633.12$2,790.73
2nd payment$0.00$502.39$0.00
Taxes / mo$209.08$209.08$209.08
Insurance / mo$166.67$166.67$166.67
MI / mo$271.25$271.25$81.90
HOA / mo$0.00$0.00$0.00
Total monthly$2,280.12$2,782.50$3,248.38
Cash to close$112,485$45,500$45,500