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$385,787$385,787$485,910
Remaining term (yrs)26.326.330.0
Secondary amount$0$100,123$0
Funding fee$0$0$0
Note rate6.15%6.15%7.24%
Blended rate6.7%6.968%7.48%
1st payment$2,464.68$2,464.68$3,311.47
2nd payment$0.00$667.49$0.00
Taxes / mo$222.25$222.25$222.25
Insurance / mo$166.67$166.67$166.67
MI / mo$185.42$185.42$97.18
HOA / mo$0.00$0.00$0.00
Total monthly$3,039.02$3,706.51$3,797.57
Cash to close$154,113$53,990$53,990