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$228,674$228,674$288,000
Remaining term (yrs)23.823.830.0
Secondary amount$0$59,326$0
Funding fee$0$0$0
Note rate2.99%2.99%7.24%
Blended rate3.84%4.903%7.48%
1st payment$1,116.28$1,116.28$1,962.71
2nd payment$0.00$444.95$0.00
Taxes / mo$154.92$154.92$154.92
Insurance / mo$150.00$150.00$150.00
MI / mo$187.79$187.79$57.60
HOA / mo$402.25$402.25$402.25
Total monthly$2,011.23$2,456.18$2,727.48
Cash to close$91,326$32,000$32,000