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$281,762$281,762$427,500
Remaining term (yrs)22.422.430.0
Secondary amount$0$145,738$0
Funding fee$0$0$0
Note rate4.4%4.4%7.24%
Blended rate5.25%6.187%7.48%
1st payment$1,645.76$1,645.76$2,913.40
2nd payment$0.00$971.59$0.00
Taxes / mo$342.42$342.42$342.42
Insurance / mo$166.67$166.67$166.67
MI / mo$232.80$232.80$85.50
HOA / mo$18.00$18.00$18.00
Total monthly$2,405.64$3,377.23$3,525.99
Cash to close$193,238$47,500$47,500