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$268,208$268,208$495,000
Remaining term (yrs)22.022.030.0
Secondary amount$0$226,792$0
Funding fee$0$0$0
Note rate4.65%4.65%7.24%
Blended rate5.5%6.531%7.48%
1st payment$1,620.97$1,620.97$3,373.42
2nd payment$0.00$1,464.70$0.00
Taxes / mo$178.00$178.00$178.00
Insurance / mo$166.67$166.67$166.67
MI / mo$222.67$222.67$99.00
HOA / mo$5.00$5.00$5.00
Total monthly$2,193.31$3,658.00$3,822.08
Cash to close$281,792$55,000$55,000