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$232,548$232,548$404,100
Remaining term (yrs)20.820.830.0
Secondary amount$0$171,552$0
Funding fee$0$0$0
Note rate3.9%3.9%7.24%
Blended rate4.75%6.13%7.48%
1st payment$1,356.62$1,356.62$2,753.93
2nd payment$0.00$1,143.68$0.00
Taxes / mo$229.58$229.58$229.58
Insurance / mo$150.00$150.00$150.00
MI / mo$203.73$203.73$80.82
HOA / mo$18.75$18.75$18.75
Total monthly$1,958.68$3,102.36$3,233.09
Cash to close$216,452$44,900$44,900