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$407,150$407,150$675,000
Remaining term (yrs)20.720.730.0
Secondary amount$0$267,850$0
Funding fee$0$0$0
Note rate4.17%4.17%7.24%
Blended rate5.02%6.103%7.48%
1st payment$2,446.00$2,446.00$4,600.11
2nd payment$0.00$1,729.86$0.00
Taxes / mo$637.17$637.17$637.17
Insurance / mo$216.67$216.67$216.67
MI / mo$355.57$355.57$135.00
HOA / mo$100.00$100.00$100.00
Total monthly$3,755.41$5,485.27$5,688.95
Cash to close$342,850$75,000$75,000