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$19,375$19,375$412,200
Remaining term (yrs)28.728.730.0
Secondary amount$0$392,825$0
Funding fee$0$0$0
Note rate6.84%6.84%7.24%
Blended rate7.39%7.733%7.48%
1st payment$128.40$128.40$2,809.14
2nd payment$0.00$2,537.00$0.00
Taxes / mo$249.67$249.67$249.67
Insurance / mo$166.67$166.67$166.67
MI / mo$8.99$8.99$82.44
HOA / mo$0.00$0.00$0.00
Total monthly$553.73$3,090.72$3,307.91
Cash to close$438,625$45,800$45,800