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$259,638$259,638$377,910
Remaining term (yrs)25.225.230.0
Secondary amount$0$118,272$0
Funding fee$0$0$0
Note rate3.1%3.1%7.24%
Blended rate3.95%5.218%7.48%
1st payment$1,236.62$1,236.62$2,575.45
2nd payment$0.00$788.48$0.00
Taxes / mo$383.50$383.50$383.50
Insurance / mo$150.00$150.00$150.00
MI / mo$205.13$205.13$75.58
HOA / mo$0.00$0.00$0.00
Total monthly$1,975.25$2,763.73$3,184.53
Cash to close$160,262$41,990$41,990