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$315,910$315,910$342,000
Remaining term (yrs)24.324.330.0
Secondary amount$0$26,090$0
Funding fee$0$0$0
Note rate2.7%2.7%7.24%
Blended rate3.55%3.966%7.48%
1st payment$1,473.53$1,473.53$2,330.72
2nd payment$0.00$195.68$0.00
Taxes / mo$241.92$241.92$241.92
Insurance / mo$150.00$150.00$150.00
MI / mo$257.34$257.34$68.40
HOA / mo$5.83$5.83$5.83
Total monthly$2,128.61$2,324.29$2,796.87
Cash to close$64,090$38,000$38,000