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$198,281$198,281$386,100
Remaining term (yrs)19.419.430.0
Secondary amount$0$187,819$0
Funding fee$0$0$0
Note rate3.62%3.62%7.24%
Blended rate4.47%6.187%7.48%
1st payment$1,182.55$1,182.55$2,631.26
2nd payment$0.00$1,252.13$0.00
Taxes / mo$260.00$260.00$260.00
Insurance / mo$150.00$150.00$150.00
MI / mo$183.79$183.79$77.22
HOA / mo$0.00$0.00$0.00
Total monthly$1,776.34$3,028.46$3,118.48
Cash to close$230,719$42,900$42,900