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$498,606$498,606$540,000
Remaining term (yrs)25.925.930.0
Secondary amount$0$41,394$0
Funding fee$0$0$0
Note rate5.22%5.22%7.24%
Blended rate6.07%6.295%7.48%
1st payment$2,923.64$2,923.64$3,680.09
2nd payment$0.00$310.46$0.00
Taxes / mo$236.00$236.00$236.00
Insurance / mo$166.67$166.67$166.67
MI / mo$376.29$376.29$108.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,702.60$4,013.06$4,190.76
Cash to close$101,394$60,000$60,000