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$408,925$408,925$630,000
Remaining term (yrs)23.723.730.0
Secondary amount$0$221,075$0
Funding fee$0$0$0
Note rate3.07%3.07%7.24%
Blended rate3.92%5.264%7.48%
1st payment$2,017.87$2,017.87$4,293.44
2nd payment$0.00$1,427.78$0.00
Taxes / mo$341.08$341.08$341.08
Insurance / mo$166.67$166.67$166.67
MI / mo$336.00$336.00$126.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,861.62$4,289.40$4,927.19
Cash to close$291,075$70,000$70,000