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$73,829$73,829$720,000
Remaining term (yrs)5.15.130.0
Secondary amount$0$646,171$0
Funding fee$0$0$0
Note rate6.56%6.56%7.24%
Blended rate7.41%7.715%7.48%
1st payment$1,407.19$1,407.19$4,906.79
2nd payment$0.00$4,173.19$0.00
Taxes / mo$244.33$244.33$244.33
Insurance / mo$216.67$216.67$216.67
MI / mo$156.72$156.72$144.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,024.91$6,198.10$5,511.79
Cash to close$726,171$80,000$80,000