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$84,519$84,519$313,200
Remaining term (yrs)16.616.630.0
Secondary amount$0$228,681$0
Funding fee$0$0$0
Note rate3.41%3.41%7.24%
Blended rate4.26%6.808%7.48%
1st payment$554.58$554.58$2,134.45
2nd payment$0.00$1,476.90$0.00
Taxes / mo$223.83$223.83$223.83
Insurance / mo$150.00$150.00$150.00
MI / mo$88.47$88.47$62.64
HOA / mo$253.00$253.00$253.00
Total monthly$1,269.88$2,746.78$2,823.93
Cash to close$263,481$34,800$34,800