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$377,764$377,764$386,910
Remaining term (yrs)25.425.430.0
Secondary amount$0$30,641$0
Funding fee$0$0$0
Note rate3.76%3.76%7.24%
Blended rate4.61%5.155%7.48%
1st payment$1,921.30$1,921.30$2,636.78
2nd payment$0.00$303.22$0.00
Taxes / mo$204.00$204.00$204.00
Insurance / mo$150.00$150.00$150.00
MI / mo$293.50$293.50$77.38
HOA / mo$18.75$18.75$18.75
Total monthly$2,587.55$2,890.77$3,086.92
Cash to close$52,136$21,495$42,990