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$457,377$457,377$539,100
Remaining term (yrs)28.828.830.0
Secondary amount$0$81,723$0
Funding fee$0$0$0
Note rate5.25%5.25%7.24%
Blended rate5.8%6.285%7.48%
1st payment$2,564.92$2,564.92$3,673.96
2nd payment$0.00$612.92$0.00
Taxes / mo$259.50$259.50$259.50
Insurance / mo$166.67$166.67$166.67
MI / mo$212.89$212.89$107.82
HOA / mo$102.92$102.92$102.92
Total monthly$3,306.90$3,919.82$4,310.86
Cash to close$141,623$59,900$59,900