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$298,617$298,617$756,000
Remaining term (yrs)19.719.730.0
Secondary amount$0$457,383$0
Funding fee$0$0$0
Note rate3.41%3.41%7.24%
Blended rate4.26%6.371%7.48%
1st payment$1,728.16$1,728.16$5,152.13
2nd payment$0.00$2,953.93$0.00
Taxes / mo$394.08$394.08$394.08
Insurance / mo$216.67$216.67$216.67
MI / mo$275.68$275.68$151.20
HOA / mo$0.00$0.00$0.00
Total monthly$2,614.59$5,568.52$5,914.08
Cash to close$541,383$84,000$84,000