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$553,062$553,062$607,500
Remaining term (yrs)26.326.330.0
Secondary amount$0$54,438$0
Funding fee$0$0$0
Note rate6.36%6.36%7.24%
Blended rate6.91%7.097%7.48%
1st payment$3,606.26$3,606.26$4,140.10
2nd payment$0.00$408.29$0.00
Taxes / mo$336.33$336.33$336.33
Insurance / mo$166.67$166.67$166.67
MI / mo$265.36$265.36$121.50
HOA / mo$0.00$0.00$0.00
Total monthly$4,374.62$4,782.90$4,764.60
Cash to close$121,938$67,500$67,500