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$385,333$385,333$620,910
Remaining term (yrs)24.524.530.0
Secondary amount$0$235,577$0
Funding fee$0$0$0
Note rate3.1%3.1%7.24%
Blended rate3.95%5.392%7.48%
1st payment$1,868.16$1,868.16$4,231.49
2nd payment$0.00$1,521.43$0.00
Taxes / mo$408.00$408.00$408.00
Insurance / mo$166.67$166.67$166.67
MI / mo$309.89$309.89$124.18
HOA / mo$58.00$58.00$58.00
Total monthly$2,810.71$4,332.15$4,988.34
Cash to close$304,567$68,990$68,990