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$299,840$299,840$513,000
Remaining term (yrs)24.224.230.0
Secondary amount$0$213,160$0
Funding fee$0$0$0
Note rate2.66%2.66%7.24%
Blended rate3.51%5.272%7.48%
1st payment$1,395.87$1,395.87$3,496.09
2nd payment$0.00$1,376.66$0.00
Taxes / mo$179.58$179.58$179.58
Insurance / mo$166.67$166.67$166.67
MI / mo$245.05$245.05$102.60
HOA / mo$0.00$0.00$0.00
Total monthly$1,987.17$3,363.83$3,944.94
Cash to close$270,160$57,000$57,000