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$396,390$396,390$427,500
Remaining term (yrs)26.526.530.0
Secondary amount$0$31,110$0
Funding fee$0$0$0
Note rate6.54%6.54%7.24%
Blended rate7.09%7.229%7.48%
1st payment$2,623.69$2,623.69$2,913.40
2nd payment$0.00$233.32$0.00
Taxes / mo$192.75$192.75$192.75
Insurance / mo$166.67$166.67$166.67
MI / mo$189.46$189.46$85.50
HOA / mo$0.00$0.00$0.00
Total monthly$3,172.57$3,405.89$3,358.32
Cash to close$78,610$47,500$47,500