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$18,199$18,199$323,910
Remaining term (yrs)20.420.430.0
Secondary amount$0$305,711$0
Funding fee$0$0$0
Note rate3.05%3.05%7.24%
Blended rate3.9%7.534%7.48%
1st payment$99.59$99.59$2,207.44
2nd payment$0.00$1,974.38$0.00
Taxes / mo$125.42$125.42$125.42
Insurance / mo$150.00$150.00$150.00
MI / mo$15.18$15.18$64.78
HOA / mo$0.00$0.00$0.00
Total monthly$390.19$2,364.58$2,547.64
Cash to close$341,701$35,990$35,990