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$415,117$415,117$490,500
Remaining term (yrs)24.524.530.0
Secondary amount$0$75,383$0
Funding fee$0$0$0
Note rate3.1%3.1%7.24%
Blended rate3.95%4.726%7.48%
1st payment$2,012.55$2,012.55$3,342.75
2nd payment$0.00$565.37$0.00
Taxes / mo$314.50$314.50$314.50
Insurance / mo$166.67$166.67$166.67
MI / mo$333.84$333.84$98.10
HOA / mo$0.00$0.00$0.00
Total monthly$2,827.56$3,392.94$3,922.02
Cash to close$129,883$54,500$54,500