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$177,332$177,332$688,500
Remaining term (yrs)38.938.930.0
Secondary amount$0$511,168$0
Funding fee$0$0$0
Note rate6.72%6.72%7.24%
Blended rate7.27%7.626%7.48%
1st payment$1,071.58$1,071.58$4,692.11
2nd payment$0.00$3,301.29$0.00
Taxes / mo$349.42$349.42$349.42
Insurance / mo$216.67$216.67$216.67
MI / mo$81.69$81.69$137.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,719.36$5,020.65$5,395.90
Cash to close$587,668$76,500$76,500