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$451,839$451,839$459,000
Remaining term (yrs)28.128.130.0
Secondary amount$0$32,661$0
Funding fee$0$0$0
Note rate6.54%6.54%7.24%
Blended rate7.09%7.413%7.48%
1st payment$2,929.06$2,929.06$3,128.08
2nd payment$0.00$323.20$0.00
Taxes / mo$356.58$356.58$356.58
Insurance / mo$166.67$166.67$166.67
MI / mo$211.51$211.51$91.80
HOA / mo$0.00$0.00$0.00
Total monthly$3,663.83$3,987.03$3,743.13
Cash to close$58,161$25,500$51,000