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$655,866$655,866$675,000
Remaining term (yrs)27.727.730.0
Secondary amount$0$56,634$0
Funding fee$0$0$0
Note rate6.78%6.78%7.24%
Blended rate7.33%7.691%7.48%
1st payment$4,371.50$4,371.50$4,600.11
2nd payment$0.00$560.44$0.00
Taxes / mo$394.75$394.75$394.75
Insurance / mo$216.67$216.67$216.67
MI / mo$307.97$307.97$135.00
HOA / mo$87.00$87.00$87.00
Total monthly$5,377.88$5,938.32$5,433.53
Cash to close$94,134$37,500$75,000