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$447,369$447,369$485,910
Remaining term (yrs)27.227.230.0
Secondary amount$0$38,541$0
Funding fee$0$0$0
Note rate6.66%6.66%7.24%
Blended rate7.21%7.352%7.48%
1st payment$2,965.64$2,965.64$3,311.47
2nd payment$0.00$289.06$0.00
Taxes / mo$384.08$384.08$384.08
Insurance / mo$166.67$166.67$166.67
MI / mo$211.51$211.51$97.18
HOA / mo$70.00$70.00$70.00
Total monthly$3,797.90$4,086.96$4,029.40
Cash to close$92,531$53,990$53,990