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$376,066$376,066$1,386,000
Remaining term (yrs)21.221.230.0
Secondary amount$0$1,009,934$0
Funding fee$0$0$0
Note rate3.93%3.93%7.24%
Blended rate4.78%6.944%7.48%
1st payment$2,177.59$2,177.59$9,445.56
2nd payment$0.00$6,522.49$0.00
Taxes / mo$424.33$424.33$424.33
Insurance / mo$216.67$216.67$216.67
MI / mo$325.83$325.83$277.20
HOA / mo$79.17$79.17$79.17
Total monthly$3,223.59$9,746.08$10,442.93
Cash to close$1,163,934$154,000$154,000