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$281,802$281,802$427,500
Remaining term (yrs)22.422.430.0
Secondary amount$0$145,698$0
Funding fee$0$0$0
Note rate4.37%4.37%7.24%
Blended rate5.22%6.167%7.48%
1st payment$1,641.34$1,641.34$2,913.40
2nd payment$0.00$971.32$0.00
Taxes / mo$200.17$200.17$200.17
Insurance / mo$166.67$166.67$166.67
MI / mo$232.99$232.99$85.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,241.17$3,212.49$3,365.74
Cash to close$193,198$47,500$47,500