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$251,683$251,683$292,500
Remaining term (yrs)23.323.330.0
Secondary amount$0$40,817$0
Funding fee$0$0$0
Note rate3.65%3.65%7.24%
Blended rate4.5%5.128%7.48%
1st payment$1,333.59$1,333.59$1,993.38
2nd payment$0.00$306.13$0.00
Taxes / mo$263.83$263.83$263.83
Insurance / mo$150.00$150.00$150.00
MI / mo$206.49$206.49$58.50
HOA / mo$408.00$408.00$408.00
Total monthly$2,361.92$2,668.05$2,873.72
Cash to close$73,317$32,500$32,500