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$328,226$328,226$460,800
Remaining term (yrs)23.023.030.0
Secondary amount$0$132,574$0
Funding fee$0$0$0
Note rate3.73%3.73%7.24%
Blended rate4.58%5.564%7.48%
1st payment$1,769.09$1,769.09$3,140.34
2nd payment$0.00$883.83$0.00
Taxes / mo$451.75$451.75$451.75
Insurance / mo$166.67$166.67$166.67
MI / mo$271.25$271.25$92.16
HOA / mo$45.00$45.00$45.00
Total monthly$2,703.76$3,587.58$3,895.92
Cash to close$183,774$51,200$51,200