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$431,563$431,563$472,500
Remaining term (yrs)25.725.730.0
Secondary amount$0$40,937$0
Funding fee$0$0$0
Note rate5.3%5.3%7.24%
Blended rate6.15%6.397%7.48%
1st payment$2,562.66$2,562.66$3,220.08
2nd payment$0.00$307.02$0.00
Taxes / mo$262.75$262.75$262.75
Insurance / mo$166.67$166.67$166.67
MI / mo$326.89$326.89$94.50
HOA / mo$0.00$0.00$0.00
Total monthly$3,318.96$3,625.99$3,744.00
Cash to close$93,437$52,500$52,500