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$478,564$478,564$499,500
Remaining term (yrs)29.129.130.0
Secondary amount$0$48,686$0
Funding fee$0$0$0
Note rate6.19%6.19%7.24%
Blended rate6.74%7.214%7.48%
1st payment$2,957.00$2,957.00$3,404.08
2nd payment$0.00$481.79$0.00
Taxes / mo$293.92$293.92$293.92
Insurance / mo$166.67$166.67$166.67
MI / mo$221.52$221.52$99.90
HOA / mo$0.00$0.00$0.00
Total monthly$3,639.10$4,120.89$3,964.57
Cash to close$76,436$27,750$55,500