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$538,995$538,995$674,910
Remaining term (yrs)28.228.230.0
Secondary amount$0$135,915$0
Funding fee$0$0$0
Note rate6.78%6.78%7.24%
Blended rate7.33%7.465%7.48%
1st payment$3,574.69$3,574.69$4,599.50
2nd payment$0.00$906.10$0.00
Taxes / mo$675.08$675.08$675.08
Insurance / mo$216.67$216.67$216.67
MI / mo$251.83$251.83$134.98
HOA / mo$60.00$60.00$60.00
Total monthly$4,778.27$5,684.37$5,686.23
Cash to close$210,905$74,990$74,990