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$205,996$205,996$256,500
Remaining term (yrs)22.422.430.0
Secondary amount$0$50,504$0
Funding fee$0$0$0
Note rate4.35%4.35%7.24%
Blended rate5.2%5.948%7.48%
1st payment$1,197.55$1,197.55$1,748.04
2nd payment$0.00$378.78$0.00
Taxes / mo$185.25$185.25$185.25
Insurance / mo$150.00$150.00$150.00
MI / mo$170.40$170.40$51.30
HOA / mo$280.00$280.00$280.00
Total monthly$1,983.19$2,361.98$2,414.59
Cash to close$79,004$28,500$28,500