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$271,777$271,777$359,100
Remaining term (yrs)24.024.030.0
Secondary amount$0$87,323$0
Funding fee$0$0$0
Note rate2.9%2.9%7.24%
Blended rate3.75%5.027%7.48%
1st payment$1,307.81$1,307.81$2,447.26
2nd payment$0.00$654.92$0.00
Taxes / mo$145.42$145.42$145.42
Insurance / mo$150.00$150.00$150.00
MI / mo$222.56$222.56$71.82
HOA / mo$350.00$350.00$350.00
Total monthly$2,175.79$2,830.71$3,164.50
Cash to close$127,223$39,900$39,900