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$15,633$15,633$323,910
Remaining term (yrs)1.91.930.0
Secondary amount$0$308,277$0
Funding fee$0$0$0
Note rate6.91%6.91%7.24%
Blended rate7.76%7.75%7.48%
1st payment$699.31$699.31$2,207.44
2nd payment$0.00$1,990.95$0.00
Taxes / mo$187.00$187.00$187.00
Insurance / mo$150.00$150.00$150.00
MI / mo$75.14$75.14$64.78
HOA / mo$0.00$0.00$0.00
Total monthly$1,111.45$3,102.40$2,609.22
Cash to close$344,267$35,990$35,990