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$247,051$247,051$472,500
Remaining term (yrs)24.224.230.0
Secondary amount$0$225,449$0
Funding fee$0$0$0
Note rate2.72%2.72%7.24%
Blended rate3.57%5.564%7.48%
1st payment$1,157.64$1,157.64$3,220.08
2nd payment$0.00$1,456.03$0.00
Taxes / mo$265.50$265.50$265.50
Insurance / mo$166.67$166.67$166.67
MI / mo$201.64$201.64$94.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,791.45$3,247.48$3,746.75
Cash to close$277,949$52,500$52,500