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$468,635$468,635$486,000
Remaining term (yrs)26.326.330.0
Secondary amount$0$44,365$0
Funding fee$0$0$0
Note rate6.27%6.27%7.24%
Blended rate6.82%7.257%7.48%
1st payment$3,029.21$3,029.21$3,312.08
2nd payment$0.00$439.02$0.00
Taxes / mo$276.00$276.00$276.00
Insurance / mo$166.67$166.67$166.67
MI / mo$225.02$225.02$97.20
HOA / mo$0.00$0.00$0.00
Total monthly$3,696.89$4,135.92$3,851.95
Cash to close$71,365$27,000$54,000