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$372,681$372,681$481,500
Remaining term (yrs)27.927.930.0
Secondary amount$0$108,819$0
Funding fee$0$0$0
Note rate6.46%6.46%7.24%
Blended rate7.01%7.234%7.48%
1st payment$2,401.70$2,401.70$3,281.41
2nd payment$0.00$725.46$0.00
Taxes / mo$387.25$387.25$387.25
Insurance / mo$166.67$166.67$166.67
MI / mo$174.88$174.88$96.30
HOA / mo$102.00$102.00$102.00
Total monthly$3,232.50$3,957.96$4,033.63
Cash to close$162,319$53,500$53,500