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$13,877$13,877$328,500
Remaining term (yrs)28.228.230.0
Secondary amount$0$314,623$0
Funding fee$0$0$0
Note rate6.6%6.6%7.24%
Blended rate7.15%7.725%7.48%
1st payment$90.41$90.41$2,238.72
2nd payment$0.00$2,031.94$0.00
Taxes / mo$81.75$81.75$81.75
Insurance / mo$150.00$150.00$150.00
MI / mo$6.49$6.49$65.70
HOA / mo$0.00$0.00$0.00
Total monthly$328.65$2,360.58$2,536.17
Cash to close$351,123$36,500$36,500