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$497,434$497,434$566,100
Remaining term (yrs)27.727.730.0
Secondary amount$0$68,666$0
Funding fee$0$0$0
Note rate7.02%7.02%7.24%
Blended rate7.57%7.743%7.48%
1st payment$3,396.99$3,396.99$3,857.96
2nd payment$0.00$515.00$0.00
Taxes / mo$246.67$246.67$246.67
Insurance / mo$166.67$166.67$166.67
MI / mo$233.55$233.55$113.22
HOA / mo$0.00$0.00$0.00
Total monthly$4,043.87$4,558.87$4,384.51
Cash to close$131,566$62,900$62,900