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$484,192$484,192$517,500
Remaining term (yrs)28.228.230.0
Secondary amount$0$33,308$0
Funding fee$0$0$0
Note rate6.5%6.5%7.24%
Blended rate7.05%7.176%7.48%
1st payment$3,123.04$3,123.04$3,526.75
2nd payment$0.00$249.81$0.00
Taxes / mo$538.92$538.92$538.92
Insurance / mo$166.67$166.67$166.67
MI / mo$226.46$226.46$103.50
HOA / mo$35.00$35.00$35.00
Total monthly$4,090.08$4,339.89$4,370.84
Cash to close$90,808$57,500$57,500