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$238,050
Remaining term (yrs)——30.0
Secondary amount$0$238,050$0
Funding fee$0$0$0
Note rate0%0%7.24%
Blended rate0.85%7.75%7.48%
1st payment$0.00$0.00$1,622.31
2nd payment$0.00$1,537.41$0.00
Taxes / mo$192.08$192.08$192.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$47.61
HOA / mo$385.00$385.00$385.00
Total monthly$727.08$2,264.49$2,397.00
Cash to close$264,500$26,450$26,450