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$752,585$752,585$751,500
Remaining term (yrs)28.928.930.0
Secondary amount$0$40,665$0
Funding fee$0$0$0
Note rate6.58%6.58%7.24%
Blended rate7.13%7.373%7.48%
1st payment$4,849.90$4,849.90$5,121.46
2nd payment$0.00$402.42$0.00
Taxes / mo$286.08$286.08$286.08
Insurance / mo$216.67$216.67$216.67
MI / mo$348.77$348.77$150.30
HOA / mo$0.00$0.00$0.00
Total monthly$5,701.43$6,103.84$5,774.51
Cash to close$82,415$41,750$83,500