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$282,206$282,206$346,500
Remaining term (yrs)24.324.330.0
Secondary amount$0$64,294$0
Funding fee$0$0$0
Note rate2.79%2.79%7.24%
Blended rate3.64%4.635%7.48%
1st payment$1,329.26$1,329.26$2,361.39
2nd payment$0.00$482.21$0.00
Taxes / mo$228.17$228.17$228.17
Insurance / mo$150.00$150.00$150.00
MI / mo$229.45$229.45$69.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,936.88$2,419.08$2,808.86
Cash to close$102,794$38,500$38,500