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$268,127$268,127$355,500
Remaining term (yrs)24.224.230.0
Secondary amount$0$87,373$0
Funding fee$0$0$0
Note rate2.67%2.67%7.24%
Blended rate3.52%4.867%7.48%
1st payment$1,249.60$1,249.60$2,422.73
2nd payment$0.00$655.29$0.00
Taxes / mo$396.50$396.50$396.50
Insurance / mo$150.00$150.00$150.00
MI / mo$219.08$219.08$71.10
HOA / mo$321.00$321.00$321.00
Total monthly$2,336.18$2,991.47$3,361.33
Cash to close$126,873$39,500$39,500