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$710,657$710,657$855,000
Remaining term (yrs)26.726.730.0
Secondary amount$0$144,343$0
Funding fee$0$0$0
Note rate6.47%6.47%7.24%
Blended rate7.02%7.185%7.48%
1st payment$4,655.83$4,655.83$5,826.81
2nd payment$0.00$962.29$0.00
Taxes / mo$580.58$580.58$580.58
Insurance / mo$216.67$216.67$216.67
MI / mo$338.67$338.67$171.00
HOA / mo$6.25$6.25$6.25
Total monthly$5,798.00$6,760.29$6,801.31
Cash to close$239,343$95,000$95,000