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$377,356$377,356$516,600
Remaining term (yrs)25.625.630.0
Secondary amount$0$139,244$0
Funding fee$0$0$0
Note rate4.72%4.72%7.24%
Blended rate5.57%6.225%7.48%
1st payment$2,115.75$2,115.75$3,520.62
2nd payment$0.00$928.30$0.00
Taxes / mo$276.58$276.58$276.58
Insurance / mo$166.67$166.67$166.67
MI / mo$288.29$288.29$103.32
HOA / mo$0.00$0.00$0.00
Total monthly$2,847.29$3,775.59$4,067.19
Cash to close$196,644$57,400$57,400