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$471,489$471,489$809,100
Remaining term (yrs)22.422.430.0
Secondary amount$0$337,611$0
Funding fee$0$0$0
Note rate4.4%4.4%7.24%
Blended rate5.25%6.293%7.48%
1st payment$2,753.95$2,753.95$5,514.00
2nd payment$0.00$2,180.41$0.00
Taxes / mo$412.08$412.08$412.08
Insurance / mo$216.67$216.67$216.67
MI / mo$389.55$389.55$161.82
HOA / mo$240.67$240.67$240.67
Total monthly$4,012.92$6,193.33$6,545.24
Cash to close$427,511$89,900$89,900