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$404,545$404,545$450,000
Remaining term (yrs)26.426.430.0
Secondary amount$0$45,455$0
Funding fee$0$0$0
Note rate6.27%6.27%7.24%
Blended rate6.82%7.04%7.48%
1st payment$2,611.72$2,611.72$3,066.74
2nd payment$0.00$340.91$0.00
Taxes / mo$335.92$335.92$335.92
Insurance / mo$166.67$166.67$166.67
MI / mo$194.00$194.00$90.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,308.30$3,649.22$3,659.32
Cash to close$95,455$50,000$50,000