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$207,483$207,483$395,910
Remaining term (yrs)19.819.830.0
Secondary amount$0$188,427$0
Funding fee$0$0$0
Note rate3.42%3.42%7.24%
Blended rate4.27%6.045%7.48%
1st payment$1,198.29$1,198.29$2,698.12
2nd payment$0.00$1,256.18$0.00
Taxes / mo$284.25$284.25$284.25
Insurance / mo$150.00$150.00$150.00
MI / mo$190.91$190.91$79.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,823.46$3,079.64$3,211.55
Cash to close$232,417$43,990$43,990