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$222,178$222,178$270,000
Remaining term (yrs)24.324.330.0
Secondary amount$0$47,822$0
Funding fee$0$0$0
Note rate2.74%2.74%7.24%
Blended rate3.59%4.548%7.48%
1st payment$1,040.85$1,040.85$1,840.04
2nd payment$0.00$358.67$0.00
Taxes / mo$133.50$133.50$133.50
Insurance / mo$150.00$150.00$150.00
MI / mo$180.83$180.83$54.00
HOA / mo$330.00$330.00$330.00
Total monthly$1,835.18$2,193.84$2,507.54
Cash to close$77,822$30,000$30,000