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$336,675$336,675$391,500
Remaining term (yrs)25.225.230.0
Secondary amount$0$54,825$0
Funding fee$0$0$0
Note rate3.11%3.11%7.24%
Blended rate3.96%4.666%7.48%
1st payment$1,605.30$1,605.30$2,668.07
2nd payment$0.00$411.19$0.00
Taxes / mo$350.25$350.25$350.25
Insurance / mo$150.00$150.00$150.00
MI / mo$265.95$265.95$78.30
HOA / mo$29.17$29.17$29.17
Total monthly$2,400.67$2,811.86$3,275.79
Cash to close$98,325$43,500$43,500