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$310,656$310,656$521,955
Remaining term (yrs)26.526.530.0
Secondary amount$0$211,299$0
Funding fee$0$0$0
Note rate6.6%6.6%7.24%
Blended rate7.15%7.393%7.48%
1st payment$2,068.10$2,068.10$3,557.11
2nd payment$0.00$1,364.64$0.00
Taxes / mo$449.75$449.75$449.75
Insurance / mo$166.67$166.67$166.67
MI / mo$148.42$148.42$104.39
HOA / mo$62.33$62.33$62.33
Total monthly$2,895.26$4,259.90$4,340.25
Cash to close$269,294$57,995$57,995