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$554,010$554,010$558,000
Remaining term (yrs)26.326.330.0
Secondary amount$0$34,990$0
Funding fee$0$0$0
Note rate6.27%6.27%7.24%
Blended rate6.82%7.12%7.48%
1st payment$3,581.06$3,581.06$3,802.76
2nd payment$0.00$346.25$0.00
Taxes / mo$289.17$289.17$289.17
Insurance / mo$166.67$166.67$166.67
MI / mo$266.01$266.01$111.60
HOA / mo$0.00$0.00$0.00
Total monthly$4,302.91$4,649.16$4,370.19
Cash to close$65,990$31,000$62,000