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$241,975$241,975$328,950
Remaining term (yrs)23.323.330.0
Secondary amount$0$86,975$0
Funding fee$0$0$0
Note rate3.72%3.72%7.24%
Blended rate4.57%5.741%7.48%
1st payment$1,291.21$1,291.21$2,241.79
2nd payment$0.00$652.31$0.00
Taxes / mo$105.67$105.67$105.67
Insurance / mo$150.00$150.00$150.00
MI / mo$198.22$198.22$65.79
HOA / mo$0.00$0.00$0.00
Total monthly$1,745.09$2,397.41$2,563.24
Cash to close$123,525$36,550$36,550