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$280,603$280,603$315,000
Remaining term (yrs)28.128.130.0
Secondary amount$0$34,397$0
Funding fee$0$0$0
Note rate6.69%6.69%7.24%
Blended rate7.24%7.432%7.48%
1st payment$1,846.34$1,846.34$2,146.72
2nd payment$0.00$257.98$0.00
Taxes / mo$151.67$151.67$151.67
Insurance / mo$150.00$150.00$150.00
MI / mo$131.28$131.28$63.00
HOA / mo$436.00$436.00$436.00
Total monthly$2,715.29$2,973.27$2,947.39
Cash to close$69,397$35,000$35,000