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$249,984$249,984$585,000
Remaining term (yrs)20.620.630.0
Secondary amount$0$335,016$0
Funding fee$0$0$0
Note rate4.03%4.03%7.24%
Blended rate4.88%6.524%7.48%
1st payment$1,486.97$1,486.97$3,986.76
2nd payment$0.00$2,163.64$0.00
Taxes / mo$376.17$376.17$376.17
Insurance / mo$166.67$166.67$166.67
MI / mo$219.82$219.82$117.00
HOA / mo$110.00$110.00$110.00
Total monthly$2,359.62$4,523.27$4,756.60
Cash to close$400,016$65,000$65,000