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$383,843$383,843$571,500
Remaining term (yrs)20.620.630.0
Secondary amount$0$187,657$0
Funding fee$0$0$0
Note rate4.05%4.05%7.24%
Blended rate4.9%5.918%7.48%
1st payment$2,287.27$2,287.27$3,894.76
2nd payment$0.00$1,251.05$0.00
Taxes / mo$791.17$791.17$791.17
Insurance / mo$166.67$166.67$166.67
MI / mo$337.32$337.32$114.30
HOA / mo$36.33$36.33$36.33
Total monthly$3,618.75$4,869.80$5,003.23
Cash to close$251,157$63,500$63,500