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$22,352$22,352$233,010
Remaining term (yrs)25.025.030.0
Secondary amount$0$210,658$0
Funding fee$0$0$0
Note rate2.84%2.84%7.24%
Blended rate3.69%7.361%7.48%
1st payment$103.91$103.91$1,587.96
2nd payment$0.00$1,360.50$0.00
Taxes / mo$140.92$140.92$140.92
Insurance / mo$150.00$150.00$150.00
MI / mo$17.82$17.82$46.60
HOA / mo$385.00$385.00$385.00
Total monthly$797.65$2,158.14$2,310.48
Cash to close$236,548$25,890$25,890