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$478,564$478,564$531,000
Remaining term (yrs)29.129.130.0
Secondary amount$0$52,436$0
Funding fee$0$0$0
Note rate6.19%6.19%7.24%
Blended rate6.74%6.963%7.48%
1st payment$2,957.00$2,957.00$3,618.76
2nd payment$0.00$393.27$0.00
Taxes / mo$293.92$293.92$293.92
Insurance / mo$166.67$166.67$166.67
MI / mo$221.52$221.52$106.20
HOA / mo$0.00$0.00$0.00
Total monthly$3,639.10$4,032.37$4,185.54
Cash to close$111,436$59,000$59,000