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$592,386$592,386$620,910
Remaining term (yrs)25.925.930.0
Secondary amount$0$28,524$0
Funding fee$0$0$0
Note rate5.13%5.13%7.24%
Blended rate5.98%6.119%7.48%
1st payment$3,441.88$3,441.88$4,231.49
2nd payment$0.00$213.93$0.00
Taxes / mo$676.25$676.25$676.25
Insurance / mo$166.67$166.67$166.67
MI / mo$447.51$447.51$124.18
HOA / mo$75.00$75.00$75.00
Total monthly$4,807.30$5,021.23$5,273.59
Cash to close$97,514$68,990$68,990