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$436,878$436,878$495,000
Remaining term (yrs)28.228.230.0
Secondary amount$0$58,122$0
Funding fee$0$0$0
Note rate6.89%6.89%7.24%
Blended rate7.44%7.623%7.48%
1st payment$2,926.15$2,926.15$3,373.42
2nd payment$0.00$435.91$0.00
Taxes / mo$139.25$139.25$139.25
Insurance / mo$166.67$166.67$166.67
MI / mo$203.84$203.84$99.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,435.91$3,871.82$3,778.33
Cash to close$113,122$55,000$55,000