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$243,195$243,195$477,000
Remaining term (yrs)18.818.830.0
Secondary amount$0$233,805$0
Funding fee$0$0$0
Note rate4.04%4.04%7.24%
Blended rate4.89%6.292%7.48%
1st payment$1,534.08$1,534.08$3,250.75
2nd payment$0.00$1,509.99$0.00
Taxes / mo$489.33$489.33$489.33
Insurance / mo$166.67$166.67$166.67
MI / mo$226.51$226.51$95.40
HOA / mo$0.00$0.00$0.00
Total monthly$2,416.59$3,926.59$4,002.15
Cash to close$286,805$53,000$53,000