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$231,664$231,664$283,788
Remaining term (yrs)23.623.630.0
Secondary amount$0$52,124$0
Funding fee$0$0$0
Note rate3.31%3.31%7.24%
Blended rate4.16%5.049%7.48%
1st payment$1,177.59$1,177.59$1,934.01
2nd payment$0.00$390.93$0.00
Taxes / mo$192.00$192.00$192.00
Insurance / mo$150.00$150.00$150.00
MI / mo$190.22$190.22$56.76
HOA / mo$0.00$0.00$0.00
Total monthly$1,709.81$2,100.73$2,332.77
Cash to close$83,656$31,532$31,532