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$330,602$330,602$396,000
Remaining term (yrs)23.823.830.0
Secondary amount$0$65,398$0
Funding fee$0$0$0
Note rate3.03%3.03%7.24%
Blended rate3.88%4.726%7.48%
1st payment$1,620.68$1,620.68$2,698.73
2nd payment$0.00$490.48$0.00
Taxes / mo$286.83$286.83$286.83
Insurance / mo$150.00$150.00$150.00
MI / mo$271.25$271.25$79.20
HOA / mo$54.00$54.00$54.00
Total monthly$2,382.76$2,873.24$3,268.77
Cash to close$109,398$44,000$44,000