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$431,837$431,837$450,000
Remaining term (yrs)25.725.730.0
Secondary amount$0$43,163$0
Funding fee$0$0$0
Note rate5.81%5.81%7.24%
Blended rate6.66%7.134%7.48%
1st payment$2,693.42$2,693.42$3,066.74
2nd payment$0.00$427.13$0.00
Taxes / mo$451.58$451.58$451.58
Insurance / mo$166.67$166.67$166.67
MI / mo$324.80$324.80$90.00
HOA / mo$270.00$270.00$270.00
Total monthly$3,906.47$4,333.61$4,044.99
Cash to close$68,163$25,000$50,000