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$408,794$408,794$436,500
Remaining term (yrs)28.528.530.0
Secondary amount$0$27,706$0
Funding fee$0$0$0
Note rate6.76%6.76%7.24%
Blended rate7.31%7.417%7.48%
1st payment$2,695.35$2,695.35$2,974.74
2nd payment$0.00$207.79$0.00
Taxes / mo$208.92$208.92$208.92
Insurance / mo$166.67$166.67$166.67
MI / mo$190.27$190.27$87.30
HOA / mo$0.00$0.00$0.00
Total monthly$3,261.21$3,469.00$3,437.62
Cash to close$76,206$48,500$48,500