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$401,849$401,849$436,500
Remaining term (yrs)26.626.630.0
Secondary amount$0$34,651$0
Funding fee$0$0$0
Note rate6.34%6.34%7.24%
Blended rate6.89%7.057%7.48%
1st payment$2,605.74$2,605.74$2,974.74
2nd payment$0.00$259.88$0.00
Taxes / mo$440.25$440.25$440.25
Insurance / mo$166.67$166.67$166.67
MI / mo$192.14$192.14$87.30
HOA / mo$114.00$114.00$114.00
Total monthly$3,518.79$3,778.67$3,782.96
Cash to close$83,151$48,500$48,500