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$352,725$352,725$431,910
Remaining term (yrs)23.623.630.0
Secondary amount$0$79,185$0
Funding fee$0$0$0
Note rate3.2%3.2%7.24%
Blended rate4.05%4.958%7.48%
1st payment$1,772.67$1,772.67$2,943.46
2nd payment$0.00$593.89$0.00
Taxes / mo$368.67$368.67$368.67
Insurance / mo$166.67$166.67$166.67
MI / mo$290.34$290.34$86.38
HOA / mo$38.00$38.00$38.00
Total monthly$2,636.35$3,230.24$3,603.17
Cash to close$127,175$47,990$47,990