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$693,710$693,710$715,500
Remaining term (yrs)28.428.430.0
Secondary amount$0$61,540$0
Funding fee$0$0$0
Note rate6.5%6.5%7.24%
Blended rate7.05%7.443%7.48%
1st payment$4,460.74$4,460.74$4,876.12
2nd payment$0.00$608.99$0.00
Taxes / mo$733.50$733.50$733.50
Insurance / mo$216.67$216.67$216.67
MI / mo$323.46$323.46$143.10
HOA / mo$0.00$0.00$0.00
Total monthly$5,734.37$6,343.37$5,969.39
Cash to close$101,290$39,750$79,500