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$807,036$807,036$855,000
Remaining term (yrs)28.328.330.0
Secondary amount$0$47,964$0
Funding fee$0$0$0
Note rate6.96%6.96%7.24%
Blended rate7.51%7.594%7.48%
1st payment$5,437.53$5,437.53$5,826.81
2nd payment$0.00$359.73$0.00
Taxes / mo$796.17$796.17$796.17
Insurance / mo$216.67$216.67$216.67
MI / mo$376.11$376.11$171.00
HOA / mo$155.00$155.00$155.00
Total monthly$6,981.48$7,341.21$7,165.64
Cash to close$142,964$95,000$95,000