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$554,365$554,365$719,100
Remaining term (yrs)27.527.530.0
Secondary amount$0$164,735$0
Funding fee$0$0$0
Note rate6.74%6.74%7.24%
Blended rate7.29%7.453%7.48%
1st payment$3,691.93$3,691.93$4,900.65
2nd payment$0.00$1,098.23$0.00
Taxes / mo$432.17$432.17$432.17
Insurance / mo$216.67$216.67$216.67
MI / mo$261.16$261.16$143.82
HOA / mo$0.00$0.00$0.00
Total monthly$4,601.92$5,700.15$5,693.31
Cash to close$244,635$79,900$79,900