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$659,731$659,731$755,100
Remaining term (yrs)26.026.030.0
Secondary amount$0$95,369$0
Funding fee$0$0$0
Note rate6.02%6.02%7.24%
Blended rate6.87%7.139%7.48%
1st payment$4,183.17$4,183.17$5,145.99
2nd payment$0.00$715.27$0.00
Taxes / mo$761.75$761.75$761.75
Insurance / mo$216.67$216.67$216.67
MI / mo$493.16$493.16$151.02
HOA / mo$0.00$0.00$0.00
Total monthly$5,654.75$6,370.02$6,275.43
Cash to close$179,269$83,900$83,900