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$5,710$5,710$461,699
Remaining term (yrs)19.919.930.0
Secondary amount$0$455,989$0
Funding fee$0$0$0
Note rate2.75%2.75%7.24%
Blended rate3.6%7.699%7.48%
1st payment$30.96$30.96$3,146.47
2nd payment$0.00$2,944.93$0.00
Taxes / mo$266.08$266.08$266.08
Insurance / mo$166.67$166.67$166.67
MI / mo$4.88$4.88$92.34
HOA / mo$55.00$55.00$55.00
Total monthly$523.59$3,468.52$3,726.56
Cash to close$507,289$51,300$51,300