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$319,472$319,472$348,750
Remaining term (yrs)25.725.730.0
Secondary amount$0$29,278$0
Funding fee$0$0$0
Note rate6.94%6.94%7.24%
Blended rate7.49%7.617%7.48%
1st payment$2,221.53$2,221.53$2,376.72
2nd payment$0.00$219.59$0.00
Taxes / mo$175.83$175.83$175.83
Insurance / mo$150.00$150.00$150.00
MI / mo$150.70$150.70$69.75
HOA / mo$454.00$454.00$454.00
Total monthly$3,152.07$3,371.65$3,226.31
Cash to close$68,028$38,750$38,750