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$293,272$293,272$459,000
Remaining term (yrs)22.822.830.0
Secondary amount$0$165,728$0
Funding fee$0$0$0
Note rate3.75%3.75%7.24%
Blended rate4.6%5.828%7.48%
1st payment$1,591.08$1,591.08$3,128.08
2nd payment$0.00$1,104.86$0.00
Taxes / mo$386.67$386.67$386.67
Insurance / mo$166.67$166.67$166.67
MI / mo$243.36$243.36$91.80
HOA / mo$16.67$16.67$16.67
Total monthly$2,404.44$3,509.30$3,789.88
Cash to close$216,728$51,000$51,000