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$402,273$402,273$521,910
Remaining term (yrs)24.124.130.0
Secondary amount$0$119,637$0
Funding fee$0$0$0
Note rate3.14%3.14%7.24%
Blended rate3.99%4.909%7.48%
1st payment$1,981.12$1,981.12$3,556.81
2nd payment$0.00$797.58$0.00
Taxes / mo$592.75$592.75$592.75
Insurance / mo$166.67$166.67$166.67
MI / mo$320.29$320.29$104.38
HOA / mo$0.00$0.00$0.00
Total monthly$3,060.83$3,858.41$4,420.61
Cash to close$177,627$57,990$57,990