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$371,857$371,857$535,500
Remaining term (yrs)24.724.730.0
Secondary amount$0$163,643$0
Funding fee$0$0$0
Note rate3%3%7.24%
Blended rate3.85%5.118%7.48%
1st payment$1,775.36$1,775.36$3,649.42
2nd payment$0.00$1,090.96$0.00
Taxes / mo$495.58$495.58$495.58
Insurance / mo$166.67$166.67$166.67
MI / mo$298.28$298.28$107.10
HOA / mo$45.00$45.00$45.00
Total monthly$2,780.88$3,871.84$4,463.77
Cash to close$223,143$59,500$59,500