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$244,629$244,629$368,100
Remaining term (yrs)24.224.230.0
Secondary amount$0$123,471$0
Funding fee$0$0$0
Note rate2.71%2.71%7.24%
Blended rate3.56%5.049%7.48%
1st payment$1,147.83$1,147.83$2,508.59
2nd payment$0.00$823.14$0.00
Taxes / mo$180.08$180.08$180.08
Insurance / mo$150.00$150.00$150.00
MI / mo$200.20$200.20$73.62
HOA / mo$454.00$454.00$454.00
Total monthly$2,132.11$2,955.25$3,366.30
Cash to close$164,371$40,900$40,900