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$16,171$16,171$359,100
Remaining term (yrs)25.225.230.0
Secondary amount$0$342,929$0
Funding fee$0$0$0
Note rate3.09%3.09%7.24%
Blended rate3.94%7.578%7.48%
1st payment$76.94$76.94$2,447.26
2nd payment$0.00$2,214.75$0.00
Taxes / mo$166.08$166.08$166.08
Insurance / mo$150.00$150.00$150.00
MI / mo$12.78$12.78$71.82
HOA / mo$6.25$6.25$6.25
Total monthly$412.05$2,626.80$2,841.41
Cash to close$382,829$39,900$39,900