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$607,860$607,860$625,500
Remaining term (yrs)26.726.730.0
Secondary amount$0$52,390$0
Funding fee$0$0$0
Note rate6.35%6.35%7.24%
Blended rate6.9%7.295%7.48%
1st payment$3,940.72$3,940.72$4,262.77
2nd payment$0.00$518.44$0.00
Taxes / mo$297.92$297.92$297.92
Insurance / mo$166.67$166.67$166.67
MI / mo$290.27$290.27$125.10
HOA / mo$0.00$0.00$0.00
Total monthly$4,695.58$5,214.02$4,852.45
Cash to close$87,140$34,750$69,500