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$472,030$472,030$472,500
Remaining term (yrs)24.624.630.0
Secondary amount$0$26,720$0
Funding fee$0$0$0
Note rate3.06%3.06%7.24%
Blended rate3.91%4.337%7.48%
1st payment$2,273.47$2,273.47$3,220.08
2nd payment$0.00$264.42$0.00
Taxes / mo$312.00$312.00$312.00
Insurance / mo$166.67$166.67$166.67
MI / mo$379.05$379.05$94.50
HOA / mo$0.00$0.00$0.00
Total monthly$3,131.19$3,395.61$3,793.25
Cash to close$52,970$26,250$52,500