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$343,722$343,722$359,910
Remaining term (yrs)23.523.530.0
Secondary amount$0$36,183$0
Funding fee$0$0$0
Note rate3.5%3.5%7.24%
Blended rate4.35%5.067%7.48%
1st payment$1,785.69$1,785.69$2,452.78
2nd payment$0.00$358.06$0.00
Taxes / mo$342.17$342.17$342.17
Insurance / mo$150.00$150.00$150.00
MI / mo$281.68$281.68$71.98
HOA / mo$5.42$5.42$5.42
Total monthly$2,564.95$2,923.01$3,022.35
Cash to close$56,178$19,995$39,990