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$219,309$219,309$251,100
Remaining term (yrs)24.124.130.0
Secondary amount$0$31,791$0
Funding fee$0$0$0
Note rate2.83%2.83%7.24%
Blended rate3.68%4.354%7.48%
1st payment$1,044.95$1,044.95$1,711.24
2nd payment$0.00$238.43$0.00
Taxes / mo$173.42$173.42$173.42
Insurance / mo$150.00$150.00$150.00
MI / mo$179.44$179.44$50.22
HOA / mo$377.00$377.00$377.00
Total monthly$1,924.80$2,163.24$2,461.88
Cash to close$59,691$27,900$27,900