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$364,709$364,709$422,910
Remaining term (yrs)28.428.430.0
Secondary amount$0$58,201$0
Funding fee$0$0$0
Note rate6.63%6.63%7.24%
Blended rate7.18%7.43%7.48%
1st payment$2,376.00$2,376.00$2,882.12
2nd payment$0.00$436.51$0.00
Taxes / mo$251.83$251.83$251.83
Insurance / mo$166.67$166.67$166.67
MI / mo$169.99$169.99$84.58
HOA / mo$0.00$0.00$0.00
Total monthly$2,964.48$3,400.99$3,385.21
Cash to close$105,191$46,990$46,990