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$440,614$440,614$571,500
Remaining term (yrs)25.225.230.0
Secondary amount$0$130,886$0
Funding fee$0$0$0
Note rate3.1%3.1%7.24%
Blended rate3.95%4.878%7.48%
1st payment$2,098.58$2,098.58$3,894.76
2nd payment$0.00$872.58$0.00
Taxes / mo$415.67$415.67$415.67
Insurance / mo$166.67$166.67$166.67
MI / mo$348.11$348.11$114.30
HOA / mo$58.00$58.00$58.00
Total monthly$3,087.03$3,959.60$4,649.40
Cash to close$194,386$63,500$63,500