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$253,074$253,074$350,100
Remaining term (yrs)23.623.630.0
Secondary amount$0$97,026$0
Funding fee$0$0$0
Note rate3.13%3.13%7.24%
Blended rate3.98%5.371%7.48%
1st payment$1,262.65$1,262.65$2,385.92
2nd payment$0.00$727.70$0.00
Taxes / mo$242.33$242.33$242.33
Insurance / mo$150.00$150.00$150.00
MI / mo$208.65$208.65$70.02
HOA / mo$0.00$0.00$0.00
Total monthly$1,863.63$2,591.33$2,848.28
Cash to close$135,926$38,900$38,900