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$271,939$271,939$360,000
Remaining term (yrs)21.621.630.0
Secondary amount$0$88,061$0
Funding fee$0$0$0
Note rate4.44%4.44%7.24%
Blended rate5.29%6.198%7.48%
1st payment$1,630.24$1,630.24$2,453.39
2nd payment$0.00$660.46$0.00
Taxes / mo$634.75$634.75$634.75
Insurance / mo$150.00$150.00$150.00
MI / mo$229.52$229.52$72.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,644.51$3,304.97$3,310.14
Cash to close$128,061$40,000$40,000