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$342,338$342,338$368,100
Remaining term (yrs)25.825.830.0
Secondary amount$0$25,762$0
Funding fee$0$0$0
Note rate4.99%4.99%7.24%
Blended rate5.84%6.061%7.48%
1st payment$1,963.84$1,963.84$2,508.59
2nd payment$0.00$193.22$0.00
Taxes / mo$167.67$167.67$167.67
Insurance / mo$150.00$150.00$150.00
MI / mo$259.42$259.42$73.62
HOA / mo$0.00$0.00$0.00
Total monthly$2,540.93$2,734.15$2,899.88
Cash to close$66,662$40,900$40,900