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$513,538$513,538$1,025,100
Remaining term (yrs)26.726.730.0
Secondary amount$0$511,562$0
Funding fee$0$0$0
Note rate6.57%6.57%7.24%
Blended rate7.12%7.434%7.48%
1st payment$3,401.05$3,401.05$6,986.04
2nd payment$0.00$3,303.84$0.00
Taxes / mo$645.58$645.58$645.58
Insurance / mo$216.67$216.67$216.67
MI / mo$244.84$244.84$205.02
HOA / mo$190.00$190.00$190.00
Total monthly$4,698.14$8,001.98$8,243.31
Cash to close$625,462$113,900$113,900