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$656,279$656,279$697,500
Remaining term (yrs)27.727.730.0
Secondary amount$0$41,221$0
Funding fee$0$0$0
Note rate6.92%6.92%7.24%
Blended rate7.47%7.56%7.48%
1st payment$4,434.29$4,434.29$4,753.45
2nd payment$0.00$309.16$0.00
Taxes / mo$394.75$394.75$394.75
Insurance / mo$216.67$216.67$216.67
MI / mo$307.97$307.97$139.50
HOA / mo$87.00$87.00$87.00
Total monthly$5,440.67$5,749.83$5,591.37
Cash to close$118,721$77,500$77,500