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$290,190$290,190$314,910
Remaining term (yrs)24.724.730.0
Secondary amount$0$42,215$0
Funding fee$0$0$0
Note rate2.95%2.95%7.24%
Blended rate3.8%4.826%7.48%
1st payment$1,377.94$1,377.94$2,146.11
2nd payment$0.00$417.75$0.00
Taxes / mo$144.17$144.17$144.17
Insurance / mo$150.00$150.00$150.00
MI / mo$232.99$232.99$62.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,905.10$2,322.85$2,503.25
Cash to close$59,710$17,495$34,990