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$775,066$775,066$810,000
Remaining term (yrs)29.029.030.0
Secondary amount$0$34,934$0
Funding fee$0$0$0
Note rate6.24%6.24%7.24%
Blended rate6.79%6.885%7.48%
1st payment$4,818.90$4,818.90$5,520.13
2nd payment$0.00$262.01$0.00
Taxes / mo$447.25$447.25$447.25
Insurance / mo$216.67$216.67$216.67
MI / mo$359.09$359.09$162.00
HOA / mo$80.00$80.00$80.00
Total monthly$5,921.91$6,183.91$6,426.05
Cash to close$124,934$90,000$90,000