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$0$0$438,300
Remaining term (yrs)28.728.730.0
Secondary amount$0$438,300$0
Funding fee$0$0$0
Note rate6.85%6.85%7.24%
Blended rate7.4%7.75%7.48%
1st payment$0.00$0.00$2,987.01
2nd payment$0.00$2,830.69$0.00
Taxes / mo$508.75$508.75$508.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$87.66
HOA / mo$68.33$68.33$68.33
Total monthly$743.75$3,574.43$3,818.41
Cash to close$487,000$48,700$48,700