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$494,469$494,469$499,500
Remaining term (yrs)28.028.030.0
Secondary amount$0$32,781$0
Funding fee$0$0$0
Note rate6.47%6.47%7.24%
Blended rate7.02%7.322%7.48%
1st payment$3,186.38$3,186.38$3,404.08
2nd payment$0.00$324.39$0.00
Taxes / mo$616.33$616.33$616.33
Insurance / mo$166.67$166.67$166.67
MI / mo$231.78$231.78$99.90
HOA / mo$92.00$92.00$92.00
Total monthly$4,293.16$4,617.55$4,378.98
Cash to close$60,531$27,750$55,500