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$82,832$82,832$369,450
Remaining term (yrs)7.27.230.0
Secondary amount$0$286,618$0
Funding fee$0$0$0
Note rate5.75%5.75%7.24%
Blended rate6.6%7.492%7.48%
1st payment$1,155.85$1,155.85$2,517.79
2nd payment$0.00$1,851.08$0.00
Taxes / mo$198.58$198.58$198.58
Insurance / mo$150.00$150.00$150.00
MI / mo$140.30$140.30$73.89
HOA / mo$50.00$50.00$50.00
Total monthly$1,694.73$3,545.80$2,990.27
Cash to close$327,668$41,050$41,050