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$597,724$597,724$702,000
Remaining term (yrs)27.227.230.0
Secondary amount$0$104,276$0
Funding fee$0$0$0
Note rate7.44%7.44%7.24%
Blended rate7.99%7.991%7.48%
1st payment$4,271.94$4,271.94$4,784.12
2nd payment$0.00$695.17$0.00
Taxes / mo$442.25$442.25$442.25
Insurance / mo$216.67$216.67$216.67
MI / mo$281.68$281.68$140.40
HOA / mo$58.00$58.00$58.00
Total monthly$5,270.54$5,965.71$5,641.43
Cash to close$182,276$78,000$78,000