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$385,252$385,252$497,250
Remaining term (yrs)25.725.730.0
Secondary amount$0$111,998$0
Funding fee$0$0$0
Note rate5.81%5.81%7.24%
Blended rate6.66%6.962%7.48%
1st payment$2,402.87$2,402.87$3,388.75
2nd payment$0.00$746.65$0.00
Taxes / mo$243.58$243.58$243.58
Insurance / mo$166.67$166.67$166.67
MI / mo$289.76$289.76$99.45
HOA / mo$25.00$25.00$25.00
Total monthly$3,127.88$3,874.53$3,923.45
Cash to close$167,248$55,250$55,250