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$452,867$452,867$517,500
Remaining term (yrs)25.625.630.0
Secondary amount$0$64,633$0
Funding fee$0$0$0
Note rate4.25%4.25%7.24%
Blended rate5.1%5.587%7.48%
1st payment$2,417.65$2,417.65$3,526.75
2nd payment$0.00$484.74$0.00
Taxes / mo$571.25$571.25$571.25
Insurance / mo$0.00$0.00$0.00
MI / mo$348.11$348.11$103.50
HOA / mo$39.58$39.58$39.58
Total monthly$3,376.59$3,861.33$4,241.08
Cash to close$122,133$57,500$57,500