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$307,440$307,440$387,000
Remaining term (yrs)23.823.830.0
Secondary amount$0$79,560$0
Funding fee$0$0$0
Note rate2.99%2.99%7.24%
Blended rate3.84%4.901%7.48%
1st payment$1,500.78$1,500.78$2,637.40
2nd payment$0.00$596.70$0.00
Taxes / mo$436.33$436.33$436.33
Insurance / mo$150.00$150.00$150.00
MI / mo$252.47$252.47$77.40
HOA / mo$0.00$0.00$0.00
Total monthly$2,339.58$2,936.29$3,301.13
Cash to close$122,560$43,000$43,000