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$472,030$472,030$499,500
Remaining term (yrs)26.526.530.0
Secondary amount$0$27,470$0
Funding fee$0$0$0
Note rate6.54%6.54%7.24%
Blended rate7.09%7.195%7.48%
1st payment$3,124.35$3,124.35$3,404.08
2nd payment$0.00$206.02$0.00
Taxes / mo$665.00$665.00$665.00
Insurance / mo$166.67$166.67$166.67
MI / mo$225.62$225.62$99.90
HOA / mo$100.00$100.00$100.00
Total monthly$4,281.63$4,487.65$4,435.65
Cash to close$82,970$55,500$55,500