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$477,129$477,129$504,000
Remaining term (yrs)28.728.730.0
Secondary amount$0$26,871$0
Funding fee$0$0$0
Note rate6.63%6.63%7.24%
Blended rate7.18%7.277%7.48%
1st payment$3,096.30$3,096.30$3,434.75
2nd payment$0.00$201.53$0.00
Taxes / mo$101.42$101.42$101.42
Insurance / mo$166.67$166.67$166.67
MI / mo$221.52$221.52$100.80
HOA / mo$0.00$0.00$0.00
Total monthly$3,585.90$3,787.43$3,803.63
Cash to close$82,871$56,000$56,000