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$446,034$446,034$522,000
Remaining term (yrs)28.728.730.0
Secondary amount$0$75,966$0
Funding fee$0$0$0
Note rate6.67%6.67%7.24%
Blended rate7.22%7.479%7.48%
1st payment$2,906.19$2,906.19$3,557.42
2nd payment$0.00$569.74$0.00
Taxes / mo$328.92$328.92$328.92
Insurance / mo$166.67$166.67$166.67
MI / mo$207.06$207.06$104.40
HOA / mo$0.00$0.00$0.00
Total monthly$3,608.83$4,178.58$4,157.40
Cash to close$133,966$58,000$58,000