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$553,260$553,260$562,500
Remaining term (yrs)25.825.830.0
Secondary amount$0$40,490$0
Funding fee$0$0$0
Note rate5.41%5.41%7.24%
Blended rate6.26%6.643%7.48%
1st payment$3,311.84$3,311.84$3,833.43
2nd payment$0.00$400.68$0.00
Taxes / mo$373.83$373.83$373.83
Insurance / mo$166.67$166.67$166.67
MI / mo$417.30$417.30$112.50
HOA / mo$50.00$50.00$50.00
Total monthly$4,319.64$4,720.32$4,536.43
Cash to close$71,740$31,250$62,500