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$275,098$275,098$293,400
Remaining term (yrs)24.924.930.0
Secondary amount$0$34,602$0
Funding fee$0$0$0
Note rate2.84%2.84%7.24%
Blended rate3.69%4.604%7.48%
1st payment$1,281.77$1,281.77$1,999.52
2nd payment$0.00$342.42$0.00
Taxes / mo$207.42$207.42$207.42
Insurance / mo$150.00$150.00$150.00
MI / mo$219.82$219.82$58.68
HOA / mo$490.00$490.00$490.00
Total monthly$2,349.01$2,691.42$2,905.61
Cash to close$50,902$16,300$32,600