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$15,009$15,009$373,500
Remaining term (yrs)25.325.330.0
Secondary amount$0$358,491$0
Funding fee$0$0$0
Note rate6.63%6.63%7.24%
Blended rate7.18%7.727%7.48%
1st payment$101.91$101.91$2,545.40
2nd payment$0.00$2,315.26$0.00
Taxes / mo$398.75$398.75$398.75
Insurance / mo$150.00$150.00$150.00
MI / mo$7.13$7.13$74.70
HOA / mo$60.00$60.00$60.00
Total monthly$717.78$3,033.04$3,228.85
Cash to close$399,991$41,500$41,500