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$251,067$251,067$400,500
Remaining term (yrs)20.820.830.0
Secondary amount$0$149,433$0
Funding fee$0$0$0
Note rate4.03%4.03%7.24%
Blended rate4.88%6.044%7.48%
1st payment$1,481.97$1,481.97$2,729.40
2nd payment$0.00$996.22$0.00
Taxes / mo$157.33$157.33$157.33
Insurance / mo$150.00$150.00$150.00
MI / mo$219.08$219.08$80.10
HOA / mo$40.00$40.00$40.00
Total monthly$2,048.39$3,044.61$3,156.83
Cash to close$193,933$44,500$44,500