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$193,325$193,325$382,500
Remaining term (yrs)20.820.830.0
Secondary amount$0$189,175$0
Funding fee$0$0$0
Note rate2.99%2.99%7.24%
Blended rate3.84%5.897%7.48%
1st payment$1,036.94$1,036.94$2,606.73
2nd payment$0.00$1,261.17$0.00
Taxes / mo$161.25$161.25$161.25
Insurance / mo$150.00$150.00$150.00
MI / mo$163.16$163.16$76.50
HOA / mo$405.00$405.00$405.00
Total monthly$1,916.35$3,177.52$3,399.48
Cash to close$231,675$42,500$42,500