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$284,082$284,082$463,410
Remaining term (yrs)21.121.130.0
Secondary amount$0$179,328$0
Funding fee$0$0$0
Note rate3.91%3.91%7.24%
Blended rate4.76%6.014%7.48%
1st payment$1,646.09$1,646.09$3,158.13
2nd payment$0.00$1,195.52$0.00
Taxes / mo$316.33$316.33$316.33
Insurance / mo$166.67$166.67$166.67
MI / mo$246.90$246.90$92.68
HOA / mo$0.00$0.00$0.00
Total monthly$2,376.00$3,571.52$3,733.81
Cash to close$230,818$51,490$51,490