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$452,242$452,242$475,200
Remaining term (yrs)27.727.730.0
Secondary amount$0$49,358$0
Funding fee$0$0$0
Note rate6.95%6.95%7.24%
Blended rate7.5%7.931%7.48%
1st payment$3,064.57$3,064.57$3,238.48
2nd payment$0.00$488.44$0.00
Taxes / mo$520.25$520.25$520.25
Insurance / mo$166.67$166.67$166.67
MI / mo$212.19$212.19$95.04
HOA / mo$75.00$75.00$75.00
Total monthly$4,038.67$4,527.12$4,095.44
Cash to close$75,758$26,400$52,800