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$378,382$378,382$405,000
Remaining term (yrs)25.225.230.0
Secondary amount$0$26,618$0
Funding fee$0$0$0
Note rate3.09%3.09%7.24%
Blended rate3.94%4.273%7.48%
1st payment$1,800.20$1,800.20$2,760.07
2nd payment$0.00$199.64$0.00
Taxes / mo$467.08$467.08$467.08
Insurance / mo$150.00$150.00$150.00
MI / mo$299.00$299.00$81.00
HOA / mo$84.00$84.00$84.00
Total monthly$2,800.27$2,999.91$3,542.15
Cash to close$71,618$45,000$45,000