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$522,558$522,558$580,500
Remaining term (yrs)26.526.530.0
Secondary amount$0$57,942$0
Funding fee$0$0$0
Note rate6.54%6.54%7.24%
Blended rate7.09%7.281%7.48%
1st payment$3,458.78$3,458.78$3,956.10
2nd payment$0.00$434.57$0.00
Taxes / mo$643.75$643.75$643.75
Insurance / mo$166.67$166.67$166.67
MI / mo$249.77$249.77$116.10
HOA / mo$50.00$50.00$50.00
Total monthly$4,568.97$5,003.54$4,932.61
Cash to close$122,442$64,500$64,500