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$346,679$346,679$359,100
Remaining term (yrs)25.425.430.0
Secondary amount$0$32,371$0
Funding fee$0$0$0
Note rate3.76%3.76%7.24%
Blended rate4.61%5.23%7.48%
1st payment$1,763.20$1,763.20$2,447.26
2nd payment$0.00$320.34$0.00
Taxes / mo$314.00$314.00$314.00
Insurance / mo$150.00$150.00$150.00
MI / mo$269.35$269.35$71.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,496.55$2,816.89$2,983.08
Cash to close$52,321$19,950$39,900