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$615,536$615,536$760,500
Remaining term (yrs)27.927.930.0
Secondary amount$0$144,964$0
Funding fee$0$0$0
Note rate6.5%6.5%7.24%
Blended rate7.05%7.231%7.48%
1st payment$3,982.62$3,982.62$5,182.79
2nd payment$0.00$966.43$0.00
Taxes / mo$304.25$304.25$304.25
Insurance / mo$216.67$216.67$216.67
MI / mo$288.79$288.79$152.10
HOA / mo$0.00$0.00$0.00
Total monthly$4,792.33$5,758.75$5,855.81
Cash to close$229,464$84,500$84,500