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$289,003$289,003$742,500
Remaining term (yrs)14.914.930.0
Secondary amount$0$453,497$0
Funding fee$0$0$0
Note rate7.37%7.37%7.24%
Blended rate8.22%7.933%7.48%
1st payment$2,657.79$2,657.79$5,060.12
2nd payment$0.00$2,928.84$0.00
Taxes / mo$416.67$416.67$416.67
Insurance / mo$216.67$216.67$216.67
MI / mo$272.71$272.71$148.50
HOA / mo$1,143.00$1,143.00$1,143.00
Total monthly$4,706.83$7,635.66$6,984.96
Cash to close$535,997$82,500$82,500