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$168,493$168,493$382,500
Remaining term (yrs)18.618.630.0
Secondary amount$0$214,007$0
Funding fee$0$0$0
Note rate3.67%3.67%7.24%
Blended rate4.52%6.327%7.48%
1st payment$1,040.15$1,040.15$2,606.73
2nd payment$0.00$1,382.13$0.00
Taxes / mo$215.67$215.67$215.67
Insurance / mo$150.00$150.00$150.00
MI / mo$160.66$160.66$76.50
HOA / mo$20.00$20.00$20.00
Total monthly$1,586.48$2,968.61$3,068.90
Cash to close$256,507$42,500$42,500