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$7,757$7,757$494,730
Remaining term (yrs)24.324.330.0
Secondary amount$0$486,973$0
Funding fee$0$0$0
Note rate7.04%7.04%7.24%
Blended rate7.59%7.747%7.48%
1st payment$55.51$55.51$3,371.58
2nd payment$0.00$3,145.04$0.00
Taxes / mo$315.92$315.92$315.92
Insurance / mo$166.67$166.67$166.67
MI / mo$3.64$3.64$98.95
HOA / mo$490.00$490.00$490.00
Total monthly$1,031.73$4,176.76$4,443.11
Cash to close$541,943$54,970$54,970