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$6,884$6,884$333,000
Remaining term (yrs)23.323.330.0
Secondary amount$0$326,116$0
Funding fee$0$0$0
Note rate2.66%2.66%7.24%
Blended rate3.51%7.662%7.48%
1st payment$32.94$32.94$2,269.39
2nd payment$0.00$2,106.16$0.00
Taxes / mo$324.58$324.58$324.58
Insurance / mo$150.00$150.00$150.00
MI / mo$5.66$5.66$66.60
HOA / mo$0.00$0.00$0.00
Total monthly$513.18$2,619.35$2,810.57
Cash to close$363,116$37,000$37,000