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$293,258$293,258$472,410
Remaining term (yrs)23.123.130.0
Secondary amount$0$179,152$0
Funding fee$0$0$0
Note rate3.75%3.75%7.24%
Blended rate4.6%5.889%7.48%
1st payment$1,580.17$1,580.17$3,219.47
2nd payment$0.00$1,194.35$0.00
Taxes / mo$306.50$306.50$306.50
Insurance / mo$166.67$166.67$166.67
MI / mo$241.69$241.69$94.48
HOA / mo$0.00$0.00$0.00
Total monthly$2,295.03$3,489.37$3,787.11
Cash to close$231,642$52,490$52,490