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$252,609$252,609$265,500
Remaining term (yrs)25.525.530.0
Secondary amount$0$27,641$0
Funding fee$0$0$0
Note rate4.17%4.17%7.24%
Blended rate5.02%5.696%7.48%
1st payment$1,339.64$1,339.64$1,809.38
2nd payment$0.00$273.54$0.00
Taxes / mo$139.08$139.08$139.08
Insurance / mo$150.00$150.00$150.00
MI / mo$194.74$194.74$53.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,823.46$2,096.99$2,151.56
Cash to close$42,391$14,750$29,500