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$259,598$259,598$449,910
Remaining term (yrs)20.820.830.0
Secondary amount$0$190,312$0
Funding fee$0$0$0
Note rate3.9%3.9%7.24%
Blended rate4.75%6.125%7.48%
1st payment$1,514.42$1,514.42$3,066.13
2nd payment$0.00$1,268.75$0.00
Taxes / mo$245.33$245.33$245.33
Insurance / mo$166.67$166.67$166.67
MI / mo$227.43$227.43$89.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,153.85$3,422.60$3,568.11
Cash to close$240,302$49,990$49,990