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$457,807$457,807$495,000
Remaining term (yrs)26.626.630.0
Secondary amount$0$37,193$0
Funding fee$0$0$0
Note rate6.57%6.57%7.24%
Blended rate7.12%7.261%7.48%
1st payment$3,031.96$3,031.96$3,373.42
2nd payment$0.00$278.95$0.00
Taxes / mo$170.67$170.67$170.67
Insurance / mo$166.67$166.67$166.67
MI / mo$218.27$218.27$99.00
HOA / mo$29.17$29.17$29.17
Total monthly$3,616.73$3,895.67$3,838.92
Cash to close$92,193$55,000$55,000