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$251,969$251,969$350,100
Remaining term (yrs)24.724.730.0
Secondary amount$0$98,131$0
Funding fee$0$0$0
Note rate3.47%3.47%7.24%
Blended rate4.32%5.632%7.48%
1st payment$1,262.67$1,262.67$2,385.92
2nd payment$0.00$735.99$0.00
Taxes / mo$227.58$227.58$227.58
Insurance / mo$150.00$150.00$150.00
MI / mo$199.92$199.92$70.02
HOA / mo$420.00$420.00$420.00
Total monthly$2,260.18$2,996.16$3,253.53
Cash to close$137,031$38,900$38,900