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$483,395$483,395$562,500
Remaining term (yrs)25.425.430.0
Secondary amount$0$79,105$0
Funding fee$0$0$0
Note rate3.76%3.76%7.24%
Blended rate4.61%5.227%7.48%
1st payment$2,458.54$2,458.54$3,833.43
2nd payment$0.00$593.29$0.00
Taxes / mo$666.00$666.00$666.00
Insurance / mo$166.67$166.67$166.67
MI / mo$375.57$375.57$112.50
HOA / mo$0.00$0.00$0.00
Total monthly$3,666.77$4,260.07$4,778.59
Cash to close$141,605$62,500$62,500