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$391,670$391,670$404,100
Remaining term (yrs)25.925.930.0
Secondary amount$0$34,880$0
Funding fee$0$0$0
Note rate5.22%5.22%7.24%
Blended rate6.07%6.545%7.48%
1st payment$2,296.61$2,296.61$2,753.93
2nd payment$0.00$345.17$0.00
Taxes / mo$240.67$240.67$240.67
Insurance / mo$150.00$150.00$150.00
MI / mo$295.59$295.59$80.82
HOA / mo$15.83$15.83$15.83
Total monthly$2,998.69$3,343.86$3,241.25
Cash to close$57,330$22,450$44,900