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$429,094$429,094$468,000
Remaining term (yrs)29.429.430.0
Secondary amount$0$38,906$0
Funding fee$0$0$0
Note rate5.37%5.37%7.24%
Blended rate5.92%6.176%7.48%
1st payment$2,417.92$2,417.92$3,189.41
2nd payment$0.00$291.80$0.00
Taxes / mo$385.67$385.67$385.67
Insurance / mo$166.67$166.67$166.67
MI / mo$198.02$198.02$93.60
HOA / mo$6.67$6.67$6.67
Total monthly$3,174.94$3,466.73$3,842.01
Cash to close$90,906$52,000$52,000