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$453,249$453,249$566,910
Remaining term (yrs)26.626.630.0
Secondary amount$0$113,661$0
Funding fee$0$0$0
Note rate6.54%6.54%7.24%
Blended rate7.09%7.272%7.48%
1st payment$2,996.55$2,996.55$3,863.48
2nd payment$0.00$757.74$0.00
Taxes / mo$337.08$337.08$337.08
Insurance / mo$166.67$166.67$166.67
MI / mo$216.39$216.39$113.38
HOA / mo$80.00$80.00$80.00
Total monthly$3,796.69$4,554.43$4,560.61
Cash to close$176,651$62,990$62,990