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$419,079$419,079$445,500
Remaining term (yrs)25.525.530.0
Secondary amount$0$26,421$0
Funding fee$0$0$0
Note rate3.85%3.85%7.24%
Blended rate4.7%4.955%7.48%
1st payment$2,147.99$2,147.99$3,036.07
2nd payment$0.00$198.16$0.00
Taxes / mo$301.83$301.83$301.83
Insurance / mo$166.67$166.67$166.67
MI / mo$324.54$324.54$89.10
HOA / mo$67.00$67.00$67.00
Total monthly$3,008.03$3,206.19$3,660.67
Cash to close$75,921$49,500$49,500