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$302,725$302,725$415,800
Remaining term (yrs)24.524.530.0
Secondary amount$0$113,075$0
Funding fee$0$0$0
Note rate3.09%3.09%7.24%
Blended rate3.94%5.044%7.48%
1st payment$1,466.08$1,466.08$2,833.67
2nd payment$0.00$753.84$0.00
Taxes / mo$518.67$518.67$518.67
Insurance / mo$166.67$166.67$166.67
MI / mo$243.50$243.50$83.16
HOA / mo$0.00$0.00$0.00
Total monthly$2,394.91$3,148.75$3,602.16
Cash to close$159,275$46,200$46,200