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$281,384$281,384$328,500
Remaining term (yrs)26.326.330.0
Secondary amount$0$47,116$0
Funding fee$0$0$0
Note rate6.15%6.15%7.24%
Blended rate6.7%7.03%7.48%
1st payment$1,797.68$1,797.68$2,238.72
2nd payment$0.00$353.37$0.00
Taxes / mo$269.75$269.75$269.75
Insurance / mo$150.00$150.00$150.00
MI / mo$135.24$135.24$65.70
HOA / mo$0.00$0.00$0.00
Total monthly$2,352.67$2,706.05$2,724.17
Cash to close$83,616$36,500$36,500