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$517,042$517,042$576,000
Remaining term (yrs)26.426.430.0
Secondary amount$0$58,958$0
Funding fee$0$0$0
Note rate6.01%6.01%7.24%
Blended rate6.56%6.81%7.48%
1st payment$3,253.97$3,253.97$3,925.43
2nd payment$0.00$442.18$0.00
Taxes / mo$558.17$558.17$558.17
Insurance / mo$166.67$166.67$166.67
MI / mo$238.77$238.77$115.20
HOA / mo$0.00$0.00$0.00
Total monthly$4,217.57$4,659.76$4,765.46
Cash to close$122,958$64,000$64,000