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$289,407$289,407$427,500
Remaining term (yrs)24.224.230.0
Secondary amount$0$138,093$0
Funding fee$0$0$0
Note rate2.67%2.67%7.24%
Blended rate3.52%4.967%7.48%
1st payment$1,348.77$1,348.77$2,913.40
2nd payment$0.00$920.62$0.00
Taxes / mo$202.08$202.08$202.08
Insurance / mo$166.67$166.67$166.67
MI / mo$236.47$236.47$85.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,953.99$2,874.61$3,367.65
Cash to close$185,593$47,500$47,500