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$350,887$350,887$360,000
Remaining term (yrs)25.825.830.0
Secondary amount$0$29,113$0
Funding fee$0$0$0
Note rate5.54%5.54%7.24%
Blended rate6.39%6.81%7.48%
1st payment$2,127.89$2,127.89$2,453.39
2nd payment$0.00$288.10$0.00
Taxes / mo$165.17$165.17$165.17
Insurance / mo$150.00$150.00$150.00
MI / mo$264.29$264.29$72.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,707.35$2,995.45$2,840.56
Cash to close$49,113$20,000$40,000