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$343,280$343,280$351,000
Remaining term (yrs)25.825.830.0
Secondary amount$0$27,220$0
Funding fee$0$0$0
Note rate5.22%5.22%7.24%
Blended rate6.07%6.496%7.48%
1st payment$2,015.92$2,015.92$2,392.06
2nd payment$0.00$269.36$0.00
Taxes / mo$231.00$231.00$231.00
Insurance / mo$150.00$150.00$150.00
MI / mo$259.46$259.46$70.20
HOA / mo$0.00$0.00$0.00
Total monthly$2,656.38$2,925.75$2,843.26
Cash to close$46,720$19,500$39,000