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$373,238$373,238$413,100
Remaining term (yrs)25.925.930.0
Secondary amount$0$39,862$0
Funding fee$0$0$0
Note rate5.22%5.22%7.24%
Blended rate6.07%6.353%7.48%
1st payment$2,188.53$2,188.53$2,815.27
2nd payment$0.00$298.96$0.00
Taxes / mo$176.16$176.16$176.16
Insurance / mo$166.67$166.67$166.67
MI / mo$281.68$281.68$82.62
HOA / mo$0.00$0.00$0.00
Total monthly$2,813.04$3,112.00$3,240.72
Cash to close$85,762$45,900$45,900