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$382,613$382,613$841,500
Remaining term (yrs)22.222.230.0
Secondary amount$0$458,887$0
Funding fee$0$0$0
Note rate4.45%4.45%7.24%
Blended rate5.3%6.636%7.48%
1st payment$2,255.15$2,255.15$5,734.81
2nd payment$0.00$2,963.64$0.00
Taxes / mo$286.83$286.83$286.83
Insurance / mo$216.67$216.67$216.67
MI / mo$317.12$317.12$168.30
HOA / mo$0.00$0.00$0.00
Total monthly$3,075.77$6,039.41$6,406.61
Cash to close$552,387$93,500$93,500