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$238,215$238,215$539,100
Remaining term (yrs)16.716.730.0
Secondary amount$0$300,885$0
Funding fee$0$0$0
Note rate4.07%4.07%7.24%
Blended rate4.92%6.499%7.48%
1st payment$1,630.95$1,630.95$3,673.96
2nd payment$0.00$1,943.21$0.00
Taxes / mo$397.92$397.92$397.92
Insurance / mo$166.67$166.67$166.67
MI / mo$239.95$239.95$107.82
HOA / mo$50.00$50.00$50.00
Total monthly$2,485.48$4,428.70$4,396.36
Cash to close$360,785$59,900$59,900