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$204,898$204,898$440,910
Remaining term (yrs)19.919.930.0
Secondary amount$0$236,012$0
Funding fee$0$0$0
Note rate3.45%3.45%7.24%
Blended rate4.3%6.147%7.48%
1st payment$1,183.07$1,183.07$3,004.79
2nd payment$0.00$1,524.24$0.00
Taxes / mo$249.17$249.17$249.17
Insurance / mo$166.67$166.67$166.67
MI / mo$187.79$187.79$88.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,786.69$3,310.93$3,508.81
Cash to close$285,002$48,990$48,990