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$8,672$8,672$333,000
Remaining term (yrs)1.01.030.0
Secondary amount$0$324,328$0
Funding fee$0$0$0
Note rate7.28%7.28%7.24%
Blended rate8.13%7.76%7.48%
1st payment$695.75$695.75$2,269.39
2nd payment$0.00$2,094.62$0.00
Taxes / mo$190.67$190.67$190.67
Insurance / mo$150.00$150.00$150.00
MI / mo$72.03$72.03$66.60
HOA / mo$371.00$371.00$371.00
Total monthly$1,479.45$3,574.07$3,047.66
Cash to close$361,328$37,000$37,000