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$381,835$381,835$441,000
Remaining term (yrs)27.227.230.0
Secondary amount$0$59,165$0
Funding fee$0$0$0
Note rate6.62%6.62%7.24%
Blended rate7.17%7.416%7.48%
1st payment$2,521.37$2,521.37$3,005.41
2nd payment$0.00$443.73$0.00
Taxes / mo$220.50$220.50$220.50
Insurance / mo$166.67$166.67$166.67
MI / mo$180.57$180.57$88.20
HOA / mo$0.00$0.00$0.00
Total monthly$3,089.11$3,532.84$3,480.77
Cash to close$108,165$49,000$49,000