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$617,940$617,940$684,000
Remaining term (yrs)27.127.130.0
Secondary amount$0$66,060$0
Funding fee$0$0$0
Note rate7.5%7.5%7.24%
Blended rate8.05%8.142%7.48%
1st payment$4,445.27$4,445.27$4,661.45
2nd payment$0.00$495.45$0.00
Taxes / mo$765.25$765.25$765.25
Insurance / mo$216.67$216.67$216.67
MI / mo$291.39$291.39$136.80
HOA / mo$60.00$60.00$60.00
Total monthly$5,778.57$6,274.02$5,840.16
Cash to close$142,060$76,000$76,000