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$276,623$276,623$359,999
Remaining term (yrs)24.124.130.0
Secondary amount$0$83,376$0
Funding fee$0$0$0
Note rate2.89%2.89%7.24%
Blended rate3.74%4.958%7.48%
1st payment$1,326.54$1,326.54$2,453.39
2nd payment$0.00$625.32$0.00
Taxes / mo$247.42$247.42$247.42
Insurance / mo$150.00$150.00$150.00
MI / mo$226.04$226.04$72.00
HOA / mo$253.00$253.00$253.00
Total monthly$2,202.99$2,828.31$3,175.80
Cash to close$123,376$40,000$40,000