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$321,863$321,863$467,100
Remaining term (yrs)17.817.830.0
Secondary amount$0$145,237$0
Funding fee$0$0$0
Note rate4.35%4.35%7.24%
Blended rate5.2%6.071%7.48%
1st payment$2,158.01$2,158.01$3,183.28
2nd payment$0.00$968.25$0.00
Taxes / mo$391.50$391.50$391.50
Insurance / mo$166.67$166.67$166.67
MI / mo$307.06$307.06$93.42
HOA / mo$200.00$200.00$200.00
Total monthly$3,223.24$4,191.49$4,034.86
Cash to close$197,137$51,900$51,900