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$256,692$256,692$341,100
Remaining term (yrs)24.824.830.0
Secondary amount$0$84,408$0
Funding fee$0$0$0
Note rate2.98%2.98%7.24%
Blended rate3.83%5.109%7.48%
1st payment$1,217.33$1,217.33$2,324.59
2nd payment$0.00$633.06$0.00
Taxes / mo$181.08$181.08$181.08
Insurance / mo$150.00$150.00$150.00
MI / mo$205.05$205.05$68.22
HOA / mo$335.00$335.00$335.00
Total monthly$2,088.46$2,721.52$3,058.89
Cash to close$122,308$37,900$37,900