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$556,405$556,405$625,499
Remaining term (yrs)27.327.330.0
Secondary amount$0$69,094$0
Funding fee$0$0$0
Note rate6.64%6.64%7.24%
Blended rate7.19%7.39%7.48%
1st payment$3,677.31$3,677.31$4,262.76
2nd payment$0.00$518.21$0.00
Taxes / mo$303.33$303.33$303.33
Insurance / mo$166.67$166.67$166.67
MI / mo$262.81$262.81$125.10
HOA / mo$0.00$0.00$0.00
Total monthly$4,410.12$4,928.33$4,857.86
Cash to close$138,594$69,500$69,500