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$571,736$571,736$592,200
Remaining term (yrs)26.326.330.0
Secondary amount$0$53,364$0
Funding fee$0$0$0
Note rate6.27%6.27%7.24%
Blended rate6.82%7.252%7.48%
1st payment$3,695.64$3,695.64$4,035.83
2nd payment$0.00$528.08$0.00
Taxes / mo$377.08$377.08$377.08
Insurance / mo$166.67$166.67$166.67
MI / mo$274.52$274.52$118.44
HOA / mo$85.00$85.00$85.00
Total monthly$4,598.91$5,126.99$4,783.02
Cash to close$86,264$32,900$65,800