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$348,018$348,018$378,000
Remaining term (yrs)29.029.030.0
Secondary amount$0$29,982$0
Funding fee$0$0$0
Note rate6.34%6.34%7.24%
Blended rate6.89%7.057%7.48%
1st payment$2,186.25$2,186.25$2,576.06
2nd payment$0.00$224.86$0.00
Taxes / mo$200.83$200.83$200.83
Insurance / mo$150.00$150.00$150.00
MI / mo$161.21$161.21$75.60
HOA / mo$0.00$0.00$0.00
Total monthly$2,698.29$2,923.15$3,002.50
Cash to close$71,982$42,000$42,000