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$9,987$9,987$269,100
Remaining term (yrs)1.01.030.0
Secondary amount$0$259,113$0
Funding fee$0$0$0
Note rate7.53%7.53%7.24%
Blended rate8.38%7.773%7.48%
1st payment$802.37$802.37$1,833.91
2nd payment$0.00$1,673.44$0.00
Taxes / mo$227.92$227.92$227.92
Insurance / mo$150.00$150.00$150.00
MI / mo$81.05$81.05$53.82
HOA / mo$402.00$402.00$402.00
Total monthly$1,663.33$3,336.77$2,667.65
Cash to close$289,013$29,900$29,900