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$10,050$10,050$329,399
Remaining term (yrs)24.524.530.0
Secondary amount$0$319,349$0
Funding fee$0$0$0
Note rate4.67%4.67%7.24%
Blended rate5.52%7.682%7.48%
1st payment$57.35$57.35$2,244.85
2nd payment$0.00$2,062.46$0.00
Taxes / mo$338.50$338.50$338.50
Insurance / mo$150.00$150.00$150.00
MI / mo$7.74$7.74$65.88
HOA / mo$40.00$40.00$40.00
Total monthly$593.58$2,656.04$2,839.23
Cash to close$355,949$36,600$36,600