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$159$159$250,200
Remaining term (yrs)36.636.630.0
Secondary amount$0$250,041$0
Funding fee$0$0$0
Note rate6.28%6.28%7.24%
Blended rate6.83%7.749%7.48%
1st payment$0.92$0.92$1,705.11
2nd payment$0.00$1,614.85$0.00
Taxes / mo$186.50$186.50$186.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.07$0.07$50.04
HOA / mo$484.00$484.00$484.00
Total monthly$821.50$2,436.35$2,575.65
Cash to close$277,841$27,800$27,800