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$226,279$226,279$382,500
Remaining term (yrs)21.321.330.0
Secondary amount$0$156,221$0
Funding fee$0$0$0
Note rate3.99%3.99%7.24%
Blended rate4.84%6.131%7.48%
1st payment$1,310.96$1,310.96$2,606.73
2nd payment$0.00$1,041.48$0.00
Taxes / mo$430.83$430.83$430.83
Insurance / mo$150.00$150.00$150.00
MI / mo$194.74$194.74$76.50
HOA / mo$221.00$221.00$221.00
Total monthly$2,307.54$3,349.01$3,485.06
Cash to close$198,721$42,500$42,500