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$365,626$365,626$612,000
Remaining term (yrs)25.325.330.0
Secondary amount$0$246,374$0
Funding fee$0$0$0
Note rate3.11%3.11%7.24%
Blended rate3.96%5.486%7.48%
1st payment$1,735.82$1,735.82$4,170.77
2nd payment$0.00$1,591.17$0.00
Taxes / mo$324.00$324.00$324.00
Insurance / mo$166.67$166.67$166.67
MI / mo$287.57$287.57$122.40
HOA / mo$107.00$107.00$107.00
Total monthly$2,621.05$4,212.22$4,890.84
Cash to close$314,374$68,000$68,000