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$411,136$411,136$413,910
Remaining term (yrs)26.426.430.0
Secondary amount$0$25,769$0
Funding fee$0$0$0
Note rate6.28%6.28%7.24%
Blended rate6.83%7.128%7.48%
1st payment$2,656.85$2,656.85$2,820.79
2nd payment$0.00$255.01$0.00
Taxes / mo$473.42$473.42$473.42
Insurance / mo$166.67$166.67$166.67
MI / mo$197.15$197.15$82.78
HOA / mo$0.00$0.00$0.00
Total monthly$3,494.08$3,749.09$3,543.65
Cash to close$48,764$22,995$45,990