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$298,571$298,571$373,500
Remaining term (yrs)22.522.530.0
Secondary amount$0$74,929$0
Funding fee$0$0$0
Note rate4.27%4.27%7.24%
Blended rate5.12%5.898%7.48%
1st payment$1,718.84$1,718.84$2,545.40
2nd payment$0.00$561.97$0.00
Taxes / mo$208.92$208.92$208.92
Insurance / mo$150.00$150.00$150.00
MI / mo$246.90$246.90$74.70
HOA / mo$0.00$0.00$0.00
Total monthly$2,324.66$2,886.63$2,979.01
Cash to close$116,429$41,500$41,500