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$205,910$205,910$512,100
Remaining term (yrs)19.119.130.0
Secondary amount$0$306,190$0
Funding fee$0$0$0
Note rate3.76%3.76%7.24%
Blended rate4.61%6.487%7.48%
1st payment$1,257.61$1,257.61$3,489.95
2nd payment$0.00$1,977.48$0.00
Taxes / mo$371.33$371.33$371.33
Insurance / mo$166.67$166.67$166.67
MI / mo$192.12$192.12$102.42
HOA / mo$31.25$31.25$31.25
Total monthly$2,018.98$3,996.45$4,161.62
Cash to close$363,090$56,900$56,900