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$389,713$389,713$620,910
Remaining term (yrs)27.927.930.0
Secondary amount$0$231,197$0
Funding fee$0$0$0
Note rate6.54%6.54%7.24%
Blended rate7.09%7.336%7.48%
1st payment$2,531.57$2,531.57$4,231.49
2nd payment$0.00$1,493.15$0.00
Taxes / mo$561.92$561.92$561.92
Insurance / mo$166.67$166.67$166.67
MI / mo$182.81$182.81$124.18
HOA / mo$16.67$16.67$16.67
Total monthly$3,459.63$4,952.78$5,100.93
Cash to close$300,187$68,990$68,990