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$625,228$625,228$742,500
Remaining term (yrs)25.025.030.0
Secondary amount$0$117,272$0
Funding fee$0$0$0
Note rate6.35%6.35%7.24%
Blended rate6.9%7.074%7.48%
1st payment$4,157.51$4,157.51$5,060.12
2nd payment$0.00$781.82$0.00
Taxes / mo$391.33$391.33$391.33
Insurance / mo$216.67$216.67$216.67
MI / mo$294.97$294.97$148.50
HOA / mo$98.50$98.50$98.50
Total monthly$5,158.98$5,940.80$5,915.12
Cash to close$199,772$82,500$82,500