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$530,670$530,670$585,000
Remaining term (yrs)28.428.430.0
Secondary amount$0$54,330$0
Funding fee$0$0$0
Note rate6.85%6.85%7.24%
Blended rate7.4%7.549%7.48%
1st payment$3,533.65$3,533.65$3,986.76
2nd payment$0.00$407.48$0.00
Taxes / mo$182.17$182.17$182.17
Insurance / mo$166.67$166.67$166.67
MI / mo$247.17$247.17$117.00
HOA / mo$0.00$0.00$0.00
Total monthly$4,129.65$4,537.13$4,452.60
Cash to close$119,330$65,000$65,000