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$316,646$316,646$403,200
Remaining term (yrs)23.623.630.0
Secondary amount$0$86,554$0
Funding fee$0$0$0
Note rate3.26%3.26%7.24%
Blended rate4.11%5.16%7.48%
1st payment$1,601.27$1,601.27$2,747.80
2nd payment$0.00$649.15$0.00
Taxes / mo$199.00$199.00$199.00
Insurance / mo$150.00$150.00$150.00
MI / mo$260.29$260.29$80.64
HOA / mo$0.00$0.00$0.00
Total monthly$2,210.56$2,859.71$3,177.44
Cash to close$131,354$44,800$44,800