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$318,369$318,369$538,650
Remaining term (yrs)20.920.930.0
Secondary amount$0$220,281$0
Funding fee$0$0$0
Note rate3.9%3.9%7.24%
Blended rate4.75%5.977%7.48%
1st payment$1,852.50$1,852.50$3,670.89
2nd payment$0.00$1,422.65$0.00
Taxes / mo$360.75$360.75$360.75
Insurance / mo$166.67$166.67$166.67
MI / mo$278.20$278.20$107.73
HOA / mo$0.00$0.00$0.00
Total monthly$2,658.12$4,080.77$4,306.04
Cash to close$280,131$59,850$59,850