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$0$0$270,000
Remaining term (yrs)26.026.030.0
Secondary amount$0$270,000$0
Funding fee$0$0$0
Note rate4%4%7.24%
Blended rate4.85%7.75%7.48%
1st payment$0.00$0.00$1,840.04
2nd payment$0.00$1,743.75$0.00
Taxes / mo$184.58$184.58$184.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$54.00
HOA / mo$490.00$490.00$490.00
Total monthly$824.58$2,568.33$2,718.63
Cash to close$300,000$30,000$30,000