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$656,711$656,711$675,000
Remaining term (yrs)26.026.030.0
Secondary amount$0$55,789$0
Funding fee$0$0$0
Note rate5.56%5.56%7.24%
Blended rate6.41%6.838%7.48%
1st payment$3,979.04$3,979.04$4,600.11
2nd payment$0.00$552.07$0.00
Taxes / mo$407.33$407.33$407.33
Insurance / mo$216.67$216.67$216.67
MI / mo$493.12$493.12$135.00
HOA / mo$0.00$0.00$0.00
Total monthly$5,096.16$5,648.24$5,359.11
Cash to close$93,289$37,500$75,000