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$318,304$318,304$449,100
Remaining term (yrs)23.023.030.0
Secondary amount$0$130,796$0
Funding fee$0$0$0
Note rate3.64%3.64%7.24%
Blended rate4.49%5.512%7.48%
1st payment$1,700.34$1,700.34$3,060.61
2nd payment$0.00$871.97$0.00
Taxes / mo$236.42$236.42$236.42
Insurance / mo$166.67$166.67$166.67
MI / mo$263.61$263.61$89.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,367.03$3,239.00$3,553.51
Cash to close$180,696$49,900$49,900