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$495,937$495,937$521,550
Remaining term (yrs)27.927.930.0
Secondary amount$0$25,613$0
Funding fee$0$0$0
Note rate6.47%6.47%7.24%
Blended rate7.02%7.117%7.48%
1st payment$3,199.20$3,199.20$3,554.35
2nd payment$0.00$192.10$0.00
Taxes / mo$294.33$294.33$294.33
Insurance / mo$166.67$166.67$166.67
MI / mo$232.71$232.71$104.31
HOA / mo$48.00$48.00$48.00
Total monthly$3,940.91$4,133.01$4,167.66
Cash to close$83,563$57,950$57,950