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$319,554$319,554$341,910
Remaining term (yrs)26.426.430.0
Secondary amount$0$41,351$0
Funding fee$0$0$0
Note rate6.5%6.5%7.24%
Blended rate7.05%7.603%7.48%
1st payment$2,109.46$2,109.46$2,330.11
2nd payment$0.00$409.20$0.00
Taxes / mo$272.33$272.33$272.33
Insurance / mo$150.00$150.00$150.00
MI / mo$152.96$152.96$68.38
HOA / mo$280.00$280.00$280.00
Total monthly$2,964.76$3,373.96$3,100.83
Cash to close$60,346$18,995$37,990