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$427,224$427,224$486,000
Remaining term (yrs)26.126.130.0
Secondary amount$0$58,776$0
Funding fee$0$0$0
Note rate6.92%6.92%7.24%
Blended rate7.77%7.919%7.48%
1st payment$2,948.33$2,948.33$3,312.08
2nd payment$0.00$440.82$0.00
Taxes / mo$201.33$201.33$201.33
Insurance / mo$166.67$166.67$166.67
MI / mo$316.45$316.45$97.20
HOA / mo$0.00$0.00$0.00
Total monthly$3,632.78$4,073.60$3,777.28
Cash to close$112,776$54,000$54,000