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$508,154$508,154$522,000
Remaining term (yrs)25.525.530.0
Secondary amount$0$42,846$0
Funding fee$0$0$0
Note rate4.17%4.17%7.24%
Blended rate5.02%5.553%7.48%
1st payment$2,694.84$2,694.84$3,557.42
2nd payment$0.00$424.00$0.00
Taxes / mo$295.58$295.58$295.58
Insurance / mo$166.67$166.67$166.67
MI / mo$391.75$391.75$104.40
HOA / mo$82.00$82.00$82.00
Total monthly$3,630.84$4,054.84$4,206.07
Cash to close$71,846$29,000$58,000