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$293,973$293,973$544,500
Remaining term (yrs)20.720.730.0
Secondary amount$0$250,527$0
Funding fee$0$0$0
Note rate4.01%4.01%7.24%
Blended rate4.86%6.19%7.48%
1st payment$1,736.54$1,736.54$3,710.76
2nd payment$0.00$1,617.98$0.00
Taxes / mo$233.42$233.42$233.42
Insurance / mo$166.67$166.67$166.67
MI / mo$257.34$257.34$108.90
HOA / mo$0.00$0.00$0.00
Total monthly$2,393.95$4,011.94$4,219.74
Cash to close$311,027$60,500$60,500