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$800,653$800,653$801,000
Remaining term (yrs)27.927.930.0
Secondary amount$0$44,847$0
Funding fee$0$0$0
Note rate6.42%6.42%7.24%
Blended rate6.97%7.23%7.48%
1st payment$5,139.11$5,139.11$5,458.80
2nd payment$0.00$443.80$0.00
Taxes / mo$729.50$729.50$729.50
Insurance / mo$216.67$216.67$216.67
MI / mo$375.78$375.78$160.20
HOA / mo$66.67$66.67$66.67
Total monthly$6,527.73$6,971.53$6,631.84
Cash to close$89,347$44,500$89,000