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$21,356$21,356$557,100
Remaining term (yrs)37.937.930.0
Secondary amount$0$535,744$0
Funding fee$0$0$0
Note rate6.35%6.35%7.24%
Blended rate6.9%7.717%7.48%
1st payment$124.20$124.20$3,796.63
2nd payment$0.00$3,460.01$0.00
Taxes / mo$727.75$727.75$727.75
Insurance / mo$166.67$166.67$166.67
MI / mo$9.90$9.90$111.42
HOA / mo$40.33$40.33$40.33
Total monthly$1,068.85$4,528.87$4,842.79
Cash to close$597,644$61,900$61,900