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$251,322$251,322$417,600
Remaining term (yrs)20.420.430.0
Secondary amount$0$166,278$0
Funding fee$0$0$0
Note rate4.17%4.17%7.24%
Blended rate5.02%6.207%7.48%
1st payment$1,521.44$1,521.44$2,845.94
2nd payment$0.00$1,108.52$0.00
Taxes / mo$236.08$236.08$236.08
Insurance / mo$166.67$166.67$166.67
MI / mo$221.17$221.17$83.52
HOA / mo$120.00$120.00$120.00
Total monthly$2,265.36$3,373.89$3,452.21
Cash to close$212,678$46,400$46,400