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$478,102$478,102$495,000
Remaining term (yrs)26.526.530.0
Secondary amount$0$44,398$0
Funding fee$0$0$0
Note rate6.28%6.28%7.24%
Blended rate6.83%7.259%7.48%
1st payment$3,085.83$3,085.83$3,373.42
2nd payment$0.00$439.36$0.00
Taxes / mo$246.42$246.42$246.42
Insurance / mo$166.67$166.67$166.67
MI / mo$228.98$228.98$99.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,727.89$4,167.25$3,885.50
Cash to close$71,898$27,500$55,000