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$310,022$310,022$346,500
Remaining term (yrs)27.827.830.0
Secondary amount$0$36,478$0
Funding fee$0$0$0
Note rate6.73%6.73%7.24%
Blended rate7.28%7.461%7.48%
1st payment$2,054.19$2,054.19$2,361.39
2nd payment$0.00$273.58$0.00
Taxes / mo$100.92$100.92$100.92
Insurance / mo$150.00$150.00$150.00
MI / mo$145.46$145.46$69.30
HOA / mo$0.00$0.00$0.00
Total monthly$2,450.56$2,724.14$2,681.61
Cash to close$74,978$38,500$38,500