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$624,203$624,203$710,100
Remaining term (yrs)25.225.230.0
Secondary amount$0$85,897$0
Funding fee$0$0$0
Note rate3.1%3.1%7.24%
Blended rate3.95%4.561%7.48%
1st payment$2,972.99$2,972.99$4,839.32
2nd payment$0.00$644.23$0.00
Taxes / mo$360.67$360.67$360.67
Insurance / mo$216.67$216.67$216.67
MI / mo$493.16$493.16$142.02
HOA / mo$2.75$2.75$2.75
Total monthly$4,046.23$4,690.46$5,561.42
Cash to close$164,797$78,900$78,900