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$244,762$244,762$652,500
Remaining term (yrs)17.617.630.0
Secondary amount$0$407,738$0
Funding fee$0$0$0
Note rate4.27%4.27%7.24%
Blended rate5.12%6.763%7.48%
1st payment$1,646.21$1,646.21$4,446.78
2nd payment$0.00$2,633.31$0.00
Taxes / mo$425.08$425.08$425.08
Insurance / mo$216.67$216.67$216.67
MI / mo$236.47$236.47$130.50
HOA / mo$95.33$95.33$95.33
Total monthly$2,619.76$5,253.07$5,314.36
Cash to close$480,238$72,500$72,500