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$21,486$21,486$585,000
Remaining term (yrs)24.524.530.0
Secondary amount$0$563,514$0
Funding fee$0$0$0
Note rate6.74%6.74%7.24%
Blended rate7.29%7.733%7.48%
1st payment$149.29$149.29$3,986.76
2nd payment$0.00$3,639.36$0.00
Taxes / mo$240.75$240.75$240.75
Insurance / mo$166.67$166.67$166.67
MI / mo$10.20$10.20$117.00
HOA / mo$0.00$0.00$0.00
Total monthly$566.90$4,206.26$4,511.18
Cash to close$628,514$65,000$65,000