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$42,196$42,196$359,100
Remaining term (yrs)16.416.430.0
Secondary amount$0$316,904$0
Funding fee$0$0$0
Note rate3.62%3.62%7.24%
Blended rate4.47%7.365%7.48%
1st payment$283.37$283.37$2,447.26
2nd payment$0.00$2,046.67$0.00
Taxes / mo$195.17$195.17$195.17
Insurance / mo$150.00$150.00$150.00
MI / mo$44.04$44.04$71.82
HOA / mo$0.00$0.00$0.00
Total monthly$672.58$2,719.25$2,864.25
Cash to close$356,804$39,900$39,900