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$238,993$238,993$626,310
Remaining term (yrs)19.919.930.0
Secondary amount$0$387,317$0
Funding fee$0$0$0
Note rate3.9%3.9%7.24%
Blended rate4.75%6.605%7.48%
1st payment$1,435.69$1,435.69$4,268.29
2nd payment$0.00$2,501.42$0.00
Taxes / mo$356.25$356.25$356.25
Insurance / mo$166.67$166.67$166.67
MI / mo$215.61$215.61$125.26
HOA / mo$0.00$0.00$0.00
Total monthly$2,174.21$4,675.63$4,916.47
Cash to close$456,907$69,590$69,590