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$77,289$77,289$305,910
Remaining term (yrs)11.611.630.0
Secondary amount$0$228,621$0
Funding fee$0$0$0
Note rate6.07%6.07%7.24%
Blended rate6.92%7.54%7.48%
1st payment$771.76$771.76$2,084.77
2nd payment$0.00$1,476.51$0.00
Taxes / mo$192.25$192.25$192.25
Insurance / mo$150.00$150.00$150.00
MI / mo$90.50$90.50$61.18
HOA / mo$291.00$291.00$291.00
Total monthly$1,495.51$2,972.02$2,779.20
Cash to close$262,611$33,990$33,990