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$289,390$289,390$405,000
Remaining term (yrs)24.124.130.0
Secondary amount$0$115,610$0
Funding fee$0$0$0
Note rate2.89%2.89%7.24%
Blended rate3.74%4.956%7.48%
1st payment$1,387.76$1,387.76$2,760.07
2nd payment$0.00$770.74$0.00
Taxes / mo$208.42$208.42$208.42
Insurance / mo$150.00$150.00$150.00
MI / mo$236.47$236.47$81.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,982.65$2,753.38$3,199.48
Cash to close$160,610$45,000$45,000