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$238,181$238,181$351,000
Remaining term (yrs)23.323.330.0
Secondary amount$0$112,819$0
Funding fee$0$0$0
Note rate3.51%3.51%7.24%
Blended rate4.36%5.53%7.48%
1st payment$1,244.32$1,244.32$2,392.06
2nd payment$0.00$752.12$0.00
Taxes / mo$208.58$208.58$208.58
Insurance / mo$150.00$150.00$150.00
MI / mo$196.04$196.04$70.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,798.94$2,551.07$2,820.84
Cash to close$151,819$39,000$39,000