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$303,467$303,467$378,000
Remaining term (yrs)25.625.630.0
Secondary amount$0$74,533$0
Funding fee$0$0$0
Note rate4.98%4.98%7.24%
Blended rate5.83%6.455%7.48%
1st payment$1,747.39$1,747.39$2,576.06
2nd payment$0.00$558.99$0.00
Taxes / mo$240.50$240.50$240.50
Insurance / mo$150.00$150.00$150.00
MI / mo$231.09$231.09$75.60
HOA / mo$0.00$0.00$0.00
Total monthly$2,368.99$2,927.98$3,042.16
Cash to close$116,533$42,000$42,000