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$245,847$245,847$326,610
Remaining term (yrs)23.523.530.0
Secondary amount$0$80,763$0
Funding fee$0$0$0
Note rate3.45%3.45%7.24%
Blended rate4.3%5.462%7.48%
1st payment$1,270.71$1,270.71$2,225.84
2nd payment$0.00$605.72$0.00
Taxes / mo$201.25$201.25$201.25
Insurance / mo$150.00$150.00$150.00
MI / mo$201.70$201.70$65.32
HOA / mo$380.00$380.00$380.00
Total monthly$2,203.65$2,809.37$3,022.41
Cash to close$117,053$36,290$36,290