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$226,349$226,349$450,000
Remaining term (yrs)19.519.530.0
Secondary amount$0$223,651$0
Funding fee$0$0$0
Note rate3.69%3.69%7.24%
Blended rate4.54%6.135%7.48%
1st payment$1,354.17$1,354.17$3,066.74
2nd payment$0.00$1,444.41$0.00
Taxes / mo$296.17$296.17$296.17
Insurance / mo$166.67$166.67$166.67
MI / mo$208.65$208.65$90.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,025.66$3,470.07$3,619.57
Cash to close$273,651$50,000$50,000