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$239,611$239,611$274,500
Remaining term (yrs)26.526.530.0
Secondary amount$0$34,889$0
Funding fee$0$0$0
Note rate6.28%6.28%7.24%
Blended rate6.83%7.106%7.48%
1st payment$1,546.53$1,546.53$1,870.71
2nd payment$0.00$261.67$0.00
Taxes / mo$109.58$109.58$109.58
Insurance / mo$150.00$150.00$150.00
MI / mo$114.76$114.76$54.90
HOA / mo$0.00$0.00$0.00
Total monthly$1,920.87$2,182.54$2,185.20
Cash to close$65,389$30,500$30,500