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$481,911$481,911$512,100
Remaining term (yrs)26.126.130.0
Secondary amount$0$30,189$0
Funding fee$0$0$0
Note rate6.11%6.11%7.24%
Blended rate6.96%7.08%7.48%
1st payment$3,078.57$3,078.57$3,489.95
2nd payment$0.00$226.42$0.00
Taxes / mo$438.92$438.92$438.92
Insurance / mo$166.67$166.67$166.67
MI / mo$359.46$359.46$102.42
HOA / mo$94.00$94.00$94.00
Total monthly$4,137.62$4,364.03$4,291.96
Cash to close$87,089$56,900$56,900