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$465,807$465,807$562,410
Remaining term (yrs)25.125.130.0
Secondary amount$0$96,603$0
Funding fee$0$0$0
Note rate3.07%3.07%7.24%
Blended rate3.92%4.793%7.48%
1st payment$2,216.10$2,216.10$3,832.81
2nd payment$0.00$724.52$0.00
Taxes / mo$518.83$518.83$518.83
Insurance / mo$166.67$166.67$166.67
MI / mo$369.01$369.01$112.48
HOA / mo$0.00$0.00$0.00
Total monthly$3,270.62$3,995.14$4,630.80
Cash to close$159,093$62,490$62,490