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$6,487$6,487$404,910
Remaining term (yrs)24.324.330.0
Secondary amount$0$398,423$0
Funding fee$0$0$0
Note rate7.04%7.04%7.24%
Blended rate7.59%7.747%7.48%
1st payment$46.42$46.42$2,759.45
2nd payment$0.00$2,573.15$0.00
Taxes / mo$288.25$288.25$288.25
Insurance / mo$150.00$150.00$150.00
MI / mo$3.04$3.04$80.98
HOA / mo$0.00$0.00$0.00
Total monthly$487.71$3,060.86$3,278.69
Cash to close$443,413$44,990$44,990