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$243,388$243,388$256,410
Remaining term (yrs)26.226.230.0
Secondary amount$0$27,267$0
Funding fee$0$0$0
Note rate6.27%6.27%7.24%
Blended rate7.12%7.599%7.48%
1st payment$1,575.19$1,575.19$1,747.43
2nd payment$0.00$269.83$0.00
Taxes / mo$174.92$174.92$174.92
Insurance / mo$150.00$150.00$150.00
MI / mo$180.83$180.83$51.28
HOA / mo$0.00$0.00$0.00
Total monthly$2,080.93$2,350.76$2,123.63
Cash to close$41,512$14,245$28,490