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$421,557$421,557$495,000
Remaining term (yrs)25.125.130.0
Secondary amount$0$73,443$0
Funding fee$0$0$0
Note rate3.09%3.09%7.24%
Blended rate3.94%4.691%7.48%
1st payment$2,009.99$2,009.99$3,373.42
2nd payment$0.00$550.82$0.00
Taxes / mo$177.25$177.25$177.25
Insurance / mo$166.67$166.67$166.67
MI / mo$333.84$333.84$99.00
HOA / mo$2.08$2.08$2.08
Total monthly$2,689.83$3,240.65$3,818.41
Cash to close$128,443$55,000$55,000