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$276,829$276,829$450,000
Remaining term (yrs)23.423.430.0
Secondary amount$0$173,171$0
Funding fee$0$0$0
Note rate3.49%3.49%7.24%
Blended rate4.34%5.748%7.48%
1st payment$1,439.99$1,439.99$3,066.74
2nd payment$0.00$1,154.47$0.00
Taxes / mo$242.92$242.92$242.92
Insurance / mo$166.67$166.67$166.67
MI / mo$227.43$227.43$90.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,077.00$3,231.47$3,566.32
Cash to close$223,171$50,000$50,000