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$272,726$272,726$332,910
Remaining term (yrs)23.023.030.0
Secondary amount$0$60,184$0
Funding fee$0$0$0
Note rate3.62%3.62%7.24%
Blended rate4.47%5.289%7.48%
1st payment$1,453.97$1,453.97$2,268.78
2nd payment$0.00$451.38$0.00
Taxes / mo$251.50$251.50$251.50
Insurance / mo$150.00$150.00$150.00
MI / mo$225.97$225.97$66.58
HOA / mo$33.00$33.00$33.00
Total monthly$2,114.44$2,565.81$2,769.86
Cash to close$97,174$36,990$36,990