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$49,773$49,773$288,000
Remaining term (yrs)16.116.130.0
Secondary amount$0$238,227$0
Funding fee$0$0$0
Note rate3.39%3.39%7.24%
Blended rate4.24%7.143%7.48%
1st payment$333.61$333.61$1,962.71
2nd payment$0.00$1,538.55$0.00
Taxes / mo$188.17$188.17$188.17
Insurance / mo$150.00$150.00$150.00
MI / mo$53.35$53.35$57.60
HOA / mo$286.00$286.00$286.00
Total monthly$1,011.13$2,549.68$2,644.48
Cash to close$270,227$32,000$32,000