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$255,160$255,160$269,910
Remaining term (yrs)25.225.230.0
Secondary amount$0$29,745$0
Funding fee$0$0$0
Note rate3.07%3.07%7.24%
Blended rate3.92%4.751%7.48%
1st payment$1,211.28$1,211.28$1,839.43
2nd payment$0.00$294.35$0.00
Taxes / mo$106.83$106.83$106.83
Insurance / mo$150.00$150.00$150.00
MI / mo$201.70$201.70$53.98
HOA / mo$234.00$234.00$234.00
Total monthly$1,903.81$2,198.16$2,384.25
Cash to close$44,740$14,995$29,990