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$459,560$459,560$539,100
Remaining term (yrs)26.826.830.0
Secondary amount$0$79,540$0
Funding fee$0$0$0
Note rate6.81%6.81%7.24%
Blended rate7.36%7.602%7.48%
1st payment$3,107.58$3,107.58$3,673.96
2nd payment$0.00$596.55$0.00
Taxes / mo$255.42$255.42$255.42
Insurance / mo$166.67$166.67$166.67
MI / mo$218.25$218.25$107.82
HOA / mo$235.00$235.00$235.00
Total monthly$3,982.91$4,579.46$4,438.86
Cash to close$139,440$59,900$59,900