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$697,185$697,185$1,755,000
Remaining term (yrs)29.329.330.0
Secondary amount$0$1,057,815$0
Funding fee$0$0$0
Note rate6.11%6.11%7.24%
Blended rate6.66%7.317%7.48%
1st payment$4,258.92$4,258.92$11,960.29
2nd payment$0.00$6,831.72$0.00
Taxes / mo$2,723.33$2,723.33$2,723.33
Insurance / mo$216.67$216.67$216.67
MI / mo$321.77$321.77$351.00
HOA / mo$195.00$195.00$195.00
Total monthly$7,715.69$14,547.41$15,446.29
Cash to close$1,252,815$195,000$195,000