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$220,631$220,631$553,500
Remaining term (yrs)18.218.230.0
Secondary amount$0$332,869$0
Funding fee$0$0$0
Note rate4.04%4.04%7.24%
Blended rate4.89%6.61%7.48%
1st payment$1,425.69$1,425.69$3,772.09
2nd payment$0.00$2,149.78$0.00
Taxes / mo$609.75$609.75$609.75
Insurance / mo$166.67$166.67$166.67
MI / mo$210.51$210.51$110.70
HOA / mo$45.00$45.00$45.00
Total monthly$2,457.62$4,607.40$4,704.21
Cash to close$394,369$61,500$61,500