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$7,990$7,990$697,500
Remaining term (yrs)20.120.130.0
Secondary amount$0$689,510$0
Funding fee$0$0$0
Note rate2.9%2.9%7.24%
Blended rate3.75%7.704%7.48%
1st payment$43.65$43.65$4,753.45
2nd payment$0.00$4,453.08$0.00
Taxes / mo$631.75$631.75$631.75
Insurance / mo$216.67$216.67$216.67
MI / mo$6.77$6.77$139.50
HOA / mo$110.00$110.00$110.00
Total monthly$1,008.83$5,461.92$5,851.37
Cash to close$767,010$77,500$77,500