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$234,644$234,644$256,500
Remaining term (yrs)24.824.830.0
Secondary amount$0$36,106$0
Funding fee$0$0$0
Note rate2.88%2.88%7.24%
Blended rate3.73%4.816%7.48%
1st payment$1,100.63$1,100.63$1,748.04
2nd payment$0.00$357.30$0.00
Taxes / mo$115.75$115.75$115.75
Insurance / mo$150.00$150.00$150.00
MI / mo$187.79$187.79$51.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,554.16$1,911.46$2,065.09
Cash to close$50,356$14,250$28,500