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$220,861$220,861$274,500
Remaining term (yrs)23.723.730.0
Secondary amount$0$53,639$0
Funding fee$0$0$0
Note rate3.23%3.23%7.24%
Blended rate4.08%5.041%7.48%
1st payment$1,108.24$1,108.24$1,870.71
2nd payment$0.00$402.29$0.00
Taxes / mo$131.92$131.92$131.92
Insurance / mo$150.00$150.00$150.00
MI / mo$180.83$180.83$54.90
HOA / mo$300.00$300.00$300.00
Total monthly$1,870.98$2,273.28$2,507.53
Cash to close$84,139$30,500$30,500