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$555,911$555,911$550,800
Remaining term (yrs)28.028.030.0
Secondary amount$0$25,489$0
Funding fee$0$0$0
Note rate6.08%6.08%7.24%
Blended rate6.63%6.86%7.48%
1st payment$3,443.75$3,443.75$3,753.69
2nd payment$0.00$252.23$0.00
Taxes / mo$255.83$255.83$255.83
Insurance / mo$166.67$166.67$166.67
MI / mo$261.02$261.02$110.16
HOA / mo$4.17$4.17$4.17
Total monthly$4,131.44$4,383.67$4,290.52
Cash to close$56,089$30,600$61,200