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$381,282$381,282$468,000
Remaining term (yrs)27.127.130.0
Secondary amount$0$86,718$0
Funding fee$0$0$0
Note rate7.76%7.76%7.24%
Blended rate8.31%8.438%7.48%
1st payment$2,809.16$2,809.16$3,189.41
2nd payment$0.00$650.39$0.00
Taxes / mo$286.75$286.75$286.75
Insurance / mo$166.67$166.67$166.67
MI / mo$179.55$179.55$93.60
HOA / mo$40.00$40.00$40.00
Total monthly$3,482.12$4,132.51$3,776.43
Cash to close$138,718$52,000$52,000