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$192,834$192,834$495,000
Remaining term (yrs)16.616.630.0
Secondary amount$0$302,166$0
Funding fee$0$0$0
Note rate3.43%3.43%7.24%
Blended rate4.28%6.398%7.48%
1st payment$1,267.22$1,267.22$3,373.42
2nd payment$0.00$1,951.49$0.00
Taxes / mo$243.67$243.67$243.67
Insurance / mo$166.67$166.67$166.67
MI / mo$201.64$201.64$99.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,879.20$3,830.69$3,882.75
Cash to close$357,166$55,000$55,000