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$457,133$457,133$538,200
Remaining term (yrs)25.625.630.0
Secondary amount$0$81,067$0
Funding fee$0$0$0
Note rate4.98%4.98%7.24%
Blended rate5.83%6.307%7.48%
1st payment$2,632.22$2,632.22$3,667.82
2nd payment$0.00$608.00$0.00
Taxes / mo$571.25$571.25$571.25
Insurance / mo$166.67$166.67$166.67
MI / mo$348.11$348.11$107.64
HOA / mo$40.00$40.00$40.00
Total monthly$3,758.25$4,366.25$4,553.38
Cash to close$140,867$59,800$59,800