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$269,475$269,475$405,000
Remaining term (yrs)23.223.230.0
Secondary amount$0$135,525$0
Funding fee$0$0$0
Note rate3.72%3.72%7.24%
Blended rate4.57%5.718%7.48%
1st payment$1,441.18$1,441.18$2,760.07
2nd payment$0.00$903.50$0.00
Taxes / mo$140.92$140.92$140.92
Insurance / mo$150.00$150.00$150.00
MI / mo$221.24$221.24$81.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,953.34$2,856.83$3,131.98
Cash to close$180,525$45,000$45,000