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$238,015$238,015$278,910
Remaining term (yrs)24.224.230.0
Secondary amount$0$40,895$0
Funding fee$0$0$0
Note rate2.72%2.72%7.24%
Blended rate3.57%4.366%7.48%
1st payment$1,118.01$1,118.01$1,900.77
2nd payment$0.00$306.71$0.00
Taxes / mo$171.50$171.50$171.50
Insurance / mo$150.00$150.00$150.00
MI / mo$194.74$194.74$55.78
HOA / mo$252.00$252.00$252.00
Total monthly$1,886.25$2,192.96$2,530.05
Cash to close$71,885$30,990$30,990