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$12,962$12,962$418,500
Remaining term (yrs)25.925.930.0
Secondary amount$0$405,538$0
Funding fee$0$0$0
Note rate6.81%6.81%7.24%
Blended rate7.36%7.738%7.48%
1st payment$88.74$88.74$2,852.07
2nd payment$0.00$2,619.10$0.00
Taxes / mo$229.25$229.25$229.25
Insurance / mo$166.67$166.67$166.67
MI / mo$6.17$6.17$83.70
HOA / mo$23.67$23.67$23.67
Total monthly$514.49$3,133.59$3,355.36
Cash to close$452,038$46,500$46,500