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$174,194$174,194$585,000
Remaining term (yrs)9.99.930.0
Secondary amount$0$410,806$0
Funding fee$0$0$0
Note rate6.76%6.76%7.24%
Blended rate7.61%7.708%7.48%
1st payment$2,001.05$2,001.05$3,986.76
2nd payment$0.00$2,653.12$0.00
Taxes / mo$316.33$316.33$316.33
Insurance / mo$166.67$166.67$166.67
MI / mo$218.31$218.31$117.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,702.37$5,355.49$4,586.76
Cash to close$475,806$65,000$65,000