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$398,830$398,830$445,500
Remaining term (yrs)19.819.830.0
Secondary amount$0$46,670$0
Funding fee$0$0$0
Note rate3.71%3.71%7.24%
Blended rate4.56%5.025%7.48%
1st payment$2,362.98$2,362.98$3,036.07
2nd payment$0.00$350.02$0.00
Taxes / mo$301.92$301.92$301.92
Insurance / mo$166.67$166.67$166.67
MI / mo$363.19$363.19$89.10
HOA / mo$8.33$8.33$8.33
Total monthly$3,203.09$3,553.11$3,602.09
Cash to close$96,170$49,500$49,500