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$556,636$556,636$809,100
Remaining term (yrs)27.927.930.0
Secondary amount$0$252,464$0
Funding fee$0$0$0
Note rate6.5%6.5%7.24%
Blended rate7.05%7.268%7.48%
1st payment$3,601.52$3,601.52$5,514.00
2nd payment$0.00$1,630.50$0.00
Taxes / mo$217.42$217.42$217.42
Insurance / mo$216.67$216.67$216.67
MI / mo$261.16$261.16$161.82
HOA / mo$0.00$0.00$0.00
Total monthly$4,296.77$5,927.26$6,109.90
Cash to close$342,364$89,900$89,900