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$250,857$250,857$300,420
Remaining term (yrs)23.723.730.0
Secondary amount$0$49,563$0
Funding fee$0$0$0
Note rate3.23%3.23%7.24%
Blended rate4.08%4.892%7.48%
1st payment$1,261.69$1,261.69$2,047.36
2nd payment$0.00$371.72$0.00
Taxes / mo$161.25$161.25$161.25
Insurance / mo$150.00$150.00$150.00
MI / mo$205.87$205.87$60.08
HOA / mo$0.00$0.00$0.00
Total monthly$1,778.81$2,150.53$2,418.69
Cash to close$82,943$33,380$33,380