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$473,797$473,797$490,500
Remaining term (yrs)26.826.830.0
Secondary amount$0$43,953$0
Funding fee$0$0$0
Note rate6.81%6.81%7.24%
Blended rate7.36%7.743%7.48%
1st payment$3,203.85$3,203.85$3,342.75
2nd payment$0.00$434.96$0.00
Taxes / mo$204.25$204.25$204.25
Insurance / mo$166.67$166.67$166.67
MI / mo$225.02$225.02$98.10
HOA / mo$0.00$0.00$0.00
Total monthly$3,799.78$4,234.73$3,811.77
Cash to close$71,203$27,250$54,500