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$413,389$413,389$418,500
Remaining term (yrs)28.828.830.0
Secondary amount$0$28,361$0
Funding fee$0$0$0
Note rate4.75%4.75%7.24%
Blended rate5.3%5.722%7.48%
1st payment$2,193.17$2,193.17$2,852.07
2nd payment$0.00$280.66$0.00
Taxes / mo$540.00$540.00$540.00
Insurance / mo$166.67$166.67$166.67
MI / mo$192.70$192.70$83.70
HOA / mo$100.00$100.00$100.00
Total monthly$3,192.53$3,473.19$3,742.44
Cash to close$51,611$23,250$46,500