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$450,422$450,422$499,500
Remaining term (yrs)29.529.530.0
Secondary amount$0$49,078$0
Funding fee$0$0$0
Note rate4.75%4.75%7.24%
Blended rate5.3%5.664%7.48%
1st payment$2,364.61$2,364.61$3,404.08
2nd payment$0.00$368.09$0.00
Taxes / mo$389.25$389.25$389.25
Insurance / mo$166.67$166.67$166.67
MI / mo$207.76$207.76$99.90
HOA / mo$490.00$490.00$490.00
Total monthly$3,618.28$3,986.37$4,549.90
Cash to close$104,578$55,500$55,500