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$302,115$302,115$319,725
Remaining term (yrs)25.025.030.0
Secondary amount$0$35,373$0
Funding fee$0$0$0
Note rate3.05%3.05%7.24%
Blended rate3.9%4.736%7.48%
1st payment$1,437.34$1,437.34$2,178.92
2nd payment$0.00$350.04$0.00
Taxes / mo$131.33$131.33$131.33
Insurance / mo$150.00$150.00$150.00
MI / mo$239.95$239.95$63.95
HOA / mo$0.00$0.00$0.00
Total monthly$1,958.62$2,308.66$2,524.20
Cash to close$53,135$17,763$35,525