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$270,495$270,495$297,000
Remaining term (yrs)26.226.230.0
Secondary amount$0$26,505$0
Funding fee$0$0$0
Note rate6.36%6.36%7.24%
Blended rate7.21%7.37%7.48%
1st payment$1,765.93$1,765.93$2,024.05
2nd payment$0.00$198.79$0.00
Taxes / mo$460.75$460.75$460.75
Insurance / mo$150.00$150.00$150.00
MI / mo$200.82$200.82$59.40
HOA / mo$91.67$91.67$91.67
Total monthly$2,669.16$2,867.95$2,785.87
Cash to close$59,505$33,000$33,000