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$318,674$318,674$423,000
Remaining term (yrs)21.521.530.0
Secondary amount$0$104,326$0
Funding fee$0$0$0
Note rate4.45%4.45%7.24%
Blended rate5.3%5.966%7.48%
1st payment$1,916.55$1,916.55$2,882.74
2nd payment$0.00$695.51$0.00
Taxes / mo$240.75$240.75$240.75
Insurance / mo$166.67$166.67$166.67
MI / mo$269.51$269.51$84.60
HOA / mo$0.00$0.00$0.00
Total monthly$2,593.47$3,288.98$3,374.75
Cash to close$151,326$47,000$47,000