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$363,751$363,751$373,499
Remaining term (yrs)25.625.630.0
Secondary amount$0$30,498$0
Funding fee$0$0$0
Note rate5.27%5.27%7.24%
Blended rate6.12%6.565%7.48%
1st payment$2,156.78$2,156.78$2,545.39
2nd payment$0.00$301.81$0.00
Taxes / mo$270.50$270.50$270.50
Insurance / mo$150.00$150.00$150.00
MI / mo$276.04$276.04$74.70
HOA / mo$68.00$68.00$68.00
Total monthly$2,921.32$3,223.13$3,108.59
Cash to close$51,248$20,750$41,500