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$237,120$237,120$581,850
Remaining term (yrs)23.223.230.0
Secondary amount$0$344,730$0
Funding fee$0$0$0
Note rate3.73%3.73%7.24%
Blended rate4.58%6.458%7.48%
1st payment$1,269.41$1,269.41$3,965.30
2nd payment$0.00$2,226.38$0.00
Taxes / mo$113.67$113.67$113.67
Insurance / mo$166.67$166.67$166.67
MI / mo$194.63$194.63$116.37
HOA / mo$0.00$0.00$0.00
Total monthly$1,744.38$3,970.76$4,362.00
Cash to close$409,380$64,650$64,650