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$535,928$535,928$571,500
Remaining term (yrs)26.526.530.0
Secondary amount$0$35,572$0
Funding fee$0$0$0
Note rate6.54%6.54%7.24%
Blended rate7.09%7.209%7.48%
1st payment$3,547.28$3,547.28$3,894.76
2nd payment$0.00$266.79$0.00
Taxes / mo$195.58$195.58$195.58
Insurance / mo$166.67$166.67$166.67
MI / mo$256.16$256.16$114.30
HOA / mo$0.00$0.00$0.00
Total monthly$4,165.69$4,432.48$4,371.31
Cash to close$99,072$63,500$63,500