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$401,152$401,152$652,500
Remaining term (yrs)22.722.730.0
Secondary amount$0$251,348$0
Funding fee$0$0$0
Note rate3.82%3.82%7.24%
Blended rate4.67%5.856%7.48%
1st payment$2,201.45$2,201.45$4,446.78
2nd payment$0.00$1,623.29$0.00
Taxes / mo$422.17$422.17$422.17
Insurance / mo$216.67$216.67$216.67
MI / mo$333.84$333.84$130.50
HOA / mo$0.00$0.00$0.00
Total monthly$3,174.13$4,797.42$5,216.11
Cash to close$323,848$72,500$72,500