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$505,319$505,319$526,500
Remaining term (yrs)28.928.930.0
Secondary amount$0$50,431$0
Funding fee$0$0$0
Note rate4.25%4.25%7.24%
Blended rate4.8%5.442%7.48%
1st payment$2,528.49$2,528.49$3,588.09
2nd payment$0.00$499.06$0.00
Taxes / mo$295.58$295.58$295.58
Insurance / mo$166.67$166.67$166.67
MI / mo$235.58$235.58$105.30
HOA / mo$74.00$74.00$74.00
Total monthly$3,300.32$3,799.38$4,229.64
Cash to close$79,681$29,250$58,500