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$461,693$461,693$495,000
Remaining term (yrs)25.225.230.0
Secondary amount$0$33,307$0
Funding fee$0$0$0
Note rate3.22%3.22%7.24%
Blended rate4.07%4.402%7.48%
1st payment$2,223.39$2,223.39$3,373.42
2nd payment$0.00$249.80$0.00
Taxes / mo$274.00$274.00$274.00
Insurance / mo$166.67$166.67$166.67
MI / mo$363.25$363.25$99.00
HOA / mo$152.00$152.00$152.00
Total monthly$3,179.30$3,429.11$4,065.08
Cash to close$88,307$55,000$55,000