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$385,534$385,534$575,100
Remaining term (yrs)23.223.230.0
Secondary amount$0$189,566$0
Funding fee$0$0$0
Note rate3.73%3.73%7.24%
Blended rate4.58%5.707%7.48%
1st payment$2,063.94$2,063.94$3,919.30
2nd payment$0.00$1,263.77$0.00
Taxes / mo$326.25$326.25$326.25
Insurance / mo$166.67$166.67$166.67
MI / mo$316.45$316.45$115.02
HOA / mo$50.00$50.00$50.00
Total monthly$2,923.31$4,187.08$4,577.23
Cash to close$253,466$63,900$63,900