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$293,613$293,613$436,500
Remaining term (yrs)21.621.630.0
Secondary amount$0$142,887$0
Funding fee$0$0$0
Note rate4.58%4.58%7.24%
Blended rate5.43%6.271%7.48%
1st payment$1,782.76$1,782.76$2,974.74
2nd payment$0.00$952.58$0.00
Taxes / mo$251.92$251.92$251.92
Insurance / mo$166.67$166.67$166.67
MI / mo$246.90$246.90$87.30
HOA / mo$9.58$9.58$9.58
Total monthly$2,457.83$3,410.41$3,490.20
Cash to close$191,387$48,500$48,500