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$221,195$221,195$495,000
Remaining term (yrs)21.521.530.0
Secondary amount$0$273,805$0
Funding fee$0$0$0
Note rate4.4%4.4%7.24%
Blended rate5.25%6.633%7.48%
1st payment$1,324.25$1,324.25$3,373.42
2nd payment$0.00$1,768.32$0.00
Taxes / mo$152.08$152.08$152.08
Insurance / mo$166.67$166.67$166.67
MI / mo$187.32$187.32$99.00
HOA / mo$4.17$4.17$4.17
Total monthly$1,834.49$3,602.81$3,795.34
Cash to close$328,805$55,000$55,000