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$615,320$615,320$607,500
Remaining term (yrs)25.925.930.0
Secondary amount$0$25,930$0
Funding fee$0$0$0
Note rate4.82%4.82%7.24%
Blended rate5.67%5.921%7.48%
1st payment$3,463.02$3,463.02$4,140.10
2nd payment$0.00$256.60$0.00
Taxes / mo$587.67$587.67$587.67
Insurance / mo$166.67$166.67$166.67
MI / mo$466.46$466.46$121.50
HOA / mo$47.00$47.00$47.00
Total monthly$4,730.81$4,987.41$5,062.93
Cash to close$59,680$33,750$67,500