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$538,123$538,123$733,500
Remaining term (yrs)29.229.230.0
Secondary amount$0$195,377$0
Funding fee$0$0$0
Note rate6.22%6.22%7.24%
Blended rate6.77%7.098%7.48%
1st payment$3,328.71$3,328.71$4,998.79
2nd payment$0.00$1,302.51$0.00
Taxes / mo$387.08$387.08$387.08
Insurance / mo$216.67$216.67$216.67
MI / mo$248.57$248.57$146.70
HOA / mo$12.50$12.50$12.50
Total monthly$4,193.53$5,496.04$5,761.74
Cash to close$276,877$81,500$81,500