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$356,301$356,301$405,000
Remaining term (yrs)25.625.630.0
Secondary amount$0$48,699$0
Funding fee$0$0$0
Note rate5.1%5.1%7.24%
Blended rate5.95%6.317%7.48%
1st payment$2,076.74$2,076.74$2,760.07
2nd payment$0.00$365.24$0.00
Taxes / mo$126.83$126.83$126.83
Insurance / mo$150.00$150.00$150.00
MI / mo$270.93$270.93$81.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,624.51$2,989.75$3,117.90
Cash to close$93,699$45,000$45,000