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$523,732$523,732$539,910
Remaining term (yrs)25.925.930.0
Secondary amount$0$46,173$0
Funding fee$0$0$0
Note rate5.22%5.22%7.24%
Blended rate6.07%6.54%7.48%
1st payment$3,070.97$3,070.97$3,679.48
2nd payment$0.00$456.93$0.00
Taxes / mo$290.75$290.75$290.75
Insurance / mo$166.67$166.67$166.67
MI / mo$395.25$395.25$107.98
HOA / mo$73.67$73.67$73.67
Total monthly$3,997.31$4,454.24$4,318.55
Cash to close$76,168$29,995$59,990