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$278,772$278,772$332,100
Remaining term (yrs)25.525.530.0
Secondary amount$0$53,328$0
Funding fee$0$0$0
Note rate4.17%4.17%7.24%
Blended rate5.02%5.659%7.48%
1st payment$1,478.39$1,478.39$2,263.26
2nd payment$0.00$399.96$0.00
Taxes / mo$98.67$98.67$98.67
Insurance / mo$150.00$150.00$150.00
MI / mo$214.91$214.91$66.42
HOA / mo$0.00$0.00$0.00
Total monthly$1,941.96$2,341.92$2,578.34
Cash to close$90,228$36,900$36,900