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$499,216$499,216$521,910
Remaining term (yrs)26.226.230.0
Secondary amount$0$51,689$0
Funding fee$0$0$0
Note rate5.75%5.75%7.24%
Blended rate6.6%7.095%7.48%
1st payment$3,069.87$3,069.87$3,556.81
2nd payment$0.00$511.51$0.00
Taxes / mo$489.75$489.75$489.75
Insurance / mo$166.67$166.67$166.67
MI / mo$372.62$372.62$104.38
HOA / mo$0.00$0.00$0.00
Total monthly$4,098.90$4,610.41$4,317.61
Cash to close$80,684$28,995$57,990