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$531,049$531,049$548,370
Remaining term (yrs)26.726.730.0
Secondary amount$0$47,786$0
Funding fee$0$0$0
Note rate6%6%7.24%
Blended rate6.55%6.99%7.48%
1st payment$3,326.10$3,326.10$3,737.13
2nd payment$0.00$472.88$0.00
Taxes / mo$313.17$313.17$313.17
Insurance / mo$166.67$166.67$166.67
MI / mo$254.27$254.27$109.67
HOA / mo$0.00$0.00$0.00
Total monthly$4,060.20$4,533.08$4,326.64
Cash to close$78,251$30,465$60,930