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$316,045$316,045$342,000
Remaining term (yrs)26.826.830.0
Secondary amount$0$25,955$0
Funding fee$0$0$0
Note rate6.81%6.81%7.24%
Blended rate7.36%7.484%7.48%
1st payment$2,137.12$2,137.12$2,330.72
2nd payment$0.00$194.66$0.00
Taxes / mo$255.58$255.58$255.58
Insurance / mo$150.00$150.00$150.00
MI / mo$150.10$150.10$68.40
HOA / mo$630.00$630.00$630.00
Total monthly$3,322.80$3,517.46$3,434.71
Cash to close$63,955$38,000$38,000