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$0$0$224,910
Remaining term (yrs)——30.0
Secondary amount$0$224,910$0
Funding fee$0$0$0
Note rate0%0%7.24%
Blended rate0.85%7.75%7.48%
1st payment$0.00$0.00$1,532.76
2nd payment$0.00$1,452.54$0.00
Taxes / mo$111.17$111.17$111.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$44.98
HOA / mo$482.00$482.00$482.00
Total monthly$743.17$2,195.71$2,320.91
Cash to close$249,900$24,990$24,990