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$252,772$252,772$265,500
Remaining term (yrs)29.229.230.0
Secondary amount$0$27,478$0
Funding fee$0$0$0
Note rate6.24%6.24%7.24%
Blended rate6.79%7.289%7.48%
1st payment$1,568.42$1,568.42$1,809.38
2nd payment$0.00$271.91$0.00
Taxes / mo$177.50$177.50$177.50
Insurance / mo$150.00$150.00$150.00
MI / mo$116.88$116.88$53.10
HOA / mo$448.00$448.00$448.00
Total monthly$2,460.80$2,732.71$2,637.98
Cash to close$42,228$14,750$29,500