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$233,002$233,002$282,195
Remaining term (yrs)24.724.730.0
Secondary amount$0$49,193$0
Funding fee$0$0$0
Note rate3.06%3.06%7.24%
Blended rate3.91%4.797%7.48%
1st payment$1,119.70$1,119.70$1,923.15
2nd payment$0.00$368.94$0.00
Taxes / mo$206.00$206.00$206.00
Insurance / mo$150.00$150.00$150.00
MI / mo$186.68$186.68$56.44
HOA / mo$426.00$426.00$426.00
Total monthly$2,088.38$2,457.32$2,761.59
Cash to close$80,548$31,355$31,355