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$232,213$232,213$467,091
Remaining term (yrs)28.328.330.0
Secondary amount$0$234,878$0
Funding fee$0$0$0
Note rate7.04%7.04%7.24%
Blended rate7.59%7.67%7.48%
1st payment$1,576.86$1,576.86$3,183.22
2nd payment$0.00$1,516.92$0.00
Taxes / mo$284.42$284.42$284.42
Insurance / mo$166.67$166.67$166.67
MI / mo$108.19$108.19$93.42
HOA / mo$80.00$80.00$80.00
Total monthly$2,216.14$3,733.06$3,807.72
Cash to close$286,777$51,899$51,899