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$321,850$321,850$463,500
Remaining term (yrs)22.122.130.0
Secondary amount$0$141,650$0
Funding fee$0$0$0
Note rate4.8%4.8%7.24%
Blended rate5.65%6.368%7.48%
1st payment$1,967.92$1,967.92$3,158.74
2nd payment$0.00$944.33$0.00
Taxes / mo$496.83$496.83$496.83
Insurance / mo$166.67$166.67$166.67
MI / mo$265.68$265.68$92.70
HOA / mo$9.17$9.17$9.17
Total monthly$2,906.27$3,850.60$3,924.11
Cash to close$193,150$51,500$51,500