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$333,096$333,096$382,500
Remaining term (yrs)25.125.130.0
Secondary amount$0$49,404$0
Funding fee$0$0$0
Note rate3.09%3.09%7.24%
Blended rate3.94%4.594%7.48%
1st payment$1,588.21$1,588.21$2,606.73
2nd payment$0.00$370.53$0.00
Taxes / mo$221.83$221.83$221.83
Insurance / mo$150.00$150.00$150.00
MI / mo$263.79$263.79$76.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,223.83$2,594.36$3,055.06
Cash to close$91,904$42,500$42,500