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$425,471$425,471$686,250
Remaining term (yrs)29.229.230.0
Secondary amount$0$260,779$0
Funding fee$0$0$0
Note rate6.11%6.11%7.24%
Blended rate6.66%7.074%7.48%
1st payment$2,601.74$2,601.74$4,676.78
2nd payment$0.00$1,684.19$0.00
Taxes / mo$297.67$297.67$297.67
Insurance / mo$216.67$216.67$216.67
MI / mo$196.57$196.57$137.25
HOA / mo$0.00$0.00$0.00
Total monthly$3,312.64$4,996.83$5,328.36
Cash to close$337,029$76,250$76,250