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$440,148$440,148$449,100
Remaining term (yrs)25.725.730.0
Secondary amount$0$33,902$0
Funding fee$0$0$0
Note rate5.52%5.52%7.24%
Blended rate6.37%6.764%7.48%
1st payment$2,667.75$2,667.75$3,060.61
2nd payment$0.00$335.49$0.00
Taxes / mo$407.58$407.58$407.58
Insurance / mo$166.67$166.67$166.67
MI / mo$332.08$332.08$89.82
HOA / mo$58.33$58.33$58.33
Total monthly$3,632.41$3,967.90$3,783.01
Cash to close$58,852$24,950$49,900