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$180,533$180,533$256,410
Remaining term (yrs)27.327.330.0
Secondary amount$0$75,877$0
Funding fee$0$0$0
Note rate6.69%6.69%7.24%
Blended rate7.24%7.761%7.48%
1st payment$1,198.98$1,198.98$1,747.43
2nd payment$0.00$569.07$0.00
Taxes / mo$71.67$71.67$71.67
Insurance / mo$150.00$150.00$150.00
MI / mo$85.25$85.25$51.28
HOA / mo$686.00$686.00$686.00
Total monthly$2,191.90$2,760.97$2,706.38
Cash to close$104,367$28,490$28,490