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$348,339$348,339$395,100
Remaining term (yrs)23.123.130.0
Secondary amount$0$46,761$0
Funding fee$0$0$0
Note rate3.57%3.57%7.24%
Blended rate4.42%4.962%7.48%
1st payment$1,843.55$1,843.55$2,692.60
2nd payment$0.00$350.71$0.00
Taxes / mo$590.67$590.67$590.67
Insurance / mo$150.00$150.00$150.00
MI / mo$288.29$288.29$79.02
HOA / mo$45.33$45.33$45.33
Total monthly$2,917.84$3,268.55$3,557.62
Cash to close$90,661$43,900$43,900