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$383,797$383,797$539,100
Remaining term (yrs)23.323.330.0
Secondary amount$0$155,303$0
Funding fee$0$0$0
Note rate3.64%3.64%7.24%
Blended rate4.49%5.501%7.48%
1st payment$2,031.57$2,031.57$3,673.96
2nd payment$0.00$1,035.36$0.00
Taxes / mo$425.42$425.42$425.42
Insurance / mo$166.67$166.67$166.67
MI / mo$314.96$314.96$107.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,938.62$3,973.97$4,373.86
Cash to close$215,203$59,900$59,900