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$234,395$234,395$477,000
Remaining term (yrs)18.418.430.0
Secondary amount$0$242,605$0
Funding fee$0$0$0
Note rate5.62%5.62%7.24%
Blended rate6.47%7.121%7.48%
1st payment$1,700.41$1,700.41$3,250.75
2nd payment$0.00$1,566.82$0.00
Taxes / mo$266.75$266.75$266.75
Insurance / mo$166.67$166.67$166.67
MI / mo$209.35$209.35$95.40
HOA / mo$0.00$0.00$0.00
Total monthly$2,343.17$3,910.00$3,779.56
Cash to close$295,605$53,000$53,000