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$198,374$198,374$417,690
Remaining term (yrs)19.219.230.0
Secondary amount$0$219,316$0
Funding fee$0$0$0
Note rate3.97%3.97%7.24%
Blended rate4.82%6.358%7.48%
1st payment$1,229.65$1,229.65$2,846.55
2nd payment$0.00$1,416.42$0.00
Taxes / mo$192.83$192.83$192.83
Insurance / mo$166.67$166.67$166.67
MI / mo$183.10$183.10$83.54
HOA / mo$30.00$30.00$30.00
Total monthly$1,802.26$3,218.67$3,319.59
Cash to close$265,726$46,410$46,410