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$218,703$218,703$418,500
Remaining term (yrs)22.322.330.0
Secondary amount$0$199,797$0
Funding fee$0$0$0
Note rate4.46%4.46%7.24%
Blended rate5.31%6.594%7.48%
1st payment$1,287.46$1,287.46$2,852.07
2nd payment$0.00$1,331.98$0.00
Taxes / mo$172.42$172.42$172.42
Insurance / mo$166.67$166.67$166.67
MI / mo$180.83$180.83$83.70
HOA / mo$10.00$10.00$10.00
Total monthly$1,817.37$3,149.35$3,284.85
Cash to close$246,297$46,500$46,500