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$412,531$412,531$440,999
Remaining term (yrs)26.026.030.0
Secondary amount$0$28,468$0
Funding fee$0$0$0
Note rate6.11%6.11%7.24%
Blended rate6.96%7.092%7.48%
1st payment$2,638.77$2,638.77$3,005.40
2nd payment$0.00$213.51$0.00
Taxes / mo$342.08$342.08$342.08
Insurance / mo$166.67$166.67$166.67
MI / mo$308.11$308.11$88.20
HOA / mo$0.00$0.00$0.00
Total monthly$3,455.63$3,669.15$3,602.35
Cash to close$77,468$49,000$49,000