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$310,388$310,388$378,000
Remaining term (yrs)23.423.430.0
Secondary amount$0$67,612$0
Funding fee$0$0$0
Note rate3.49%3.49%7.24%
Blended rate4.34%5.174%7.48%
1st payment$1,614.55$1,614.55$2,576.06
2nd payment$0.00$507.09$0.00
Taxes / mo$157.50$157.50$157.50
Insurance / mo$150.00$150.00$150.00
MI / mo$255.00$255.00$75.60
HOA / mo$0.00$0.00$0.00
Total monthly$2,177.05$2,684.14$2,959.16
Cash to close$109,612$42,000$42,000