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$267,273$267,273$364,500
Remaining term (yrs)22.922.930.0
Secondary amount$0$97,227$0
Funding fee$0$0$0
Note rate3.77%3.77%7.24%
Blended rate4.62%5.788%7.48%
1st payment$1,449.58$1,449.58$2,484.06
2nd payment$0.00$729.20$0.00
Taxes / mo$242.58$242.58$242.58
Insurance / mo$150.00$150.00$150.00
MI / mo$221.17$221.17$72.90
HOA / mo$43.00$43.00$43.00
Total monthly$2,106.33$2,835.53$2,992.54
Cash to close$137,727$40,500$40,500