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$285,246$285,246$449,100
Remaining term (yrs)20.520.530.0
Secondary amount$0$163,854$0
Funding fee$0$0$0
Note rate4.17%4.17%7.24%
Blended rate5.02%6.107%7.48%
1st payment$1,722.39$1,722.39$3,060.61
2nd payment$0.00$1,092.36$0.00
Taxes / mo$474.67$474.67$474.67
Insurance / mo$166.67$166.67$166.67
MI / mo$250.38$250.38$89.82
HOA / mo$58.00$58.00$58.00
Total monthly$2,672.10$3,764.46$3,849.76
Cash to close$213,754$49,900$49,900