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$244,040$244,040$449,100
Remaining term (yrs)23.223.230.0
Secondary amount$0$205,060$0
Funding fee$0$0$0
Note rate3.64%3.64%7.24%
Blended rate4.49%5.979%7.48%
1st payment$1,294.72$1,294.72$3,060.61
2nd payment$0.00$1,324.34$0.00
Taxes / mo$378.92$378.92$378.92
Insurance / mo$166.67$166.67$166.67
MI / mo$200.72$200.72$89.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,041.03$3,365.37$3,696.01
Cash to close$254,960$49,900$49,900