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$198,222$198,222$530,910
Remaining term (yrs)15.715.730.0
Secondary amount$0$332,688$0
Funding fee$0$0$0
Note rate3.68%3.68%7.24%
Blended rate4.53%6.548%7.48%
1st payment$1,378.12$1,378.12$3,618.14
2nd payment$0.00$2,148.61$0.00
Taxes / mo$277.83$277.83$277.83
Insurance / mo$166.67$166.67$166.67
MI / mo$212.60$212.60$106.18
HOA / mo$43.33$43.33$43.33
Total monthly$2,078.55$4,227.16$4,212.15
Cash to close$391,678$58,990$58,990