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$382,338$382,338$832,500
Remaining term (yrs)22.622.630.0
Secondary amount$0$450,162$0
Funding fee$0$0$0
Note rate4.14%4.14%7.24%
Blended rate4.99%6.482%7.48%
1st payment$2,169.11$2,169.11$5,673.47
2nd payment$0.00$2,907.30$0.00
Taxes / mo$327.00$327.00$327.00
Insurance / mo$216.67$216.67$216.67
MI / mo$316.45$316.45$166.50
HOA / mo$0.00$0.00$0.00
Total monthly$3,029.23$5,936.53$6,383.64
Cash to close$542,662$92,500$92,500