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$234,362$234,362$373,500
Remaining term (yrs)25.225.230.0
Secondary amount$0$139,138$0
Funding fee$0$0$0
Note rate2.98%2.98%7.24%
Blended rate3.83%5.383%7.48%
1st payment$1,101.54$1,101.54$2,545.40
2nd payment$0.00$927.58$0.00
Taxes / mo$442.08$442.08$442.08
Insurance / mo$150.00$150.00$150.00
MI / mo$185.54$185.54$74.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,879.17$2,806.75$3,212.18
Cash to close$180,638$41,500$41,500