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$393,131$393,131$403,875
Remaining term (yrs)28.028.030.0
Secondary amount$0$33,182$0
Funding fee$0$0$0
Note rate6.2%6.2%7.24%
Blended rate6.75%7.149%7.48%
1st payment$2,465.33$2,465.33$2,752.40
2nd payment$0.00$328.36$0.00
Taxes / mo$202.50$202.50$202.50
Insurance / mo$150.00$150.00$150.00
MI / mo$184.49$184.49$80.77
HOA / mo$0.00$0.00$0.00
Total monthly$3,002.32$3,330.68$3,185.68
Cash to close$55,619$22,438$44,875