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$291,176$291,176$359,100
Remaining term (yrs)24.424.430.0
Secondary amount$0$67,924$0
Funding fee$0$0$0
Note rate2.73%2.73%7.24%
Blended rate3.58%4.605%7.48%
1st payment$1,359.34$1,359.34$2,447.26
2nd payment$0.00$509.43$0.00
Taxes / mo$182.17$182.17$182.17
Insurance / mo$150.00$150.00$150.00
MI / mo$236.47$236.47$71.82
HOA / mo$138.00$138.00$138.00
Total monthly$2,065.98$2,575.41$2,989.25
Cash to close$107,824$39,900$39,900