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$75,274$75,274$674,100
Remaining term (yrs)4.24.230.0
Secondary amount$0$598,826$0
Funding fee$0$0$0
Note rate7.73%7.73%7.24%
Blended rate8.58%7.843%7.48%
1st payment$1,736.37$1,736.37$4,593.98
2nd payment$0.00$3,867.42$0.00
Taxes / mo$299.08$299.08$299.08
Insurance / mo$216.67$216.67$216.67
MI / mo$172.01$172.01$134.82
HOA / mo$2.92$2.92$2.92
Total monthly$2,427.05$6,294.46$5,247.47
Cash to close$673,726$74,900$74,900