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$436,420$436,420$494,910
Remaining term (yrs)27.327.330.0
Secondary amount$0$58,490$0
Funding fee$0$0$0
Note rate6.65%6.65%7.24%
Blended rate7.2%7.413%7.48%
1st payment$2,887.14$2,887.14$3,372.80
2nd payment$0.00$438.67$0.00
Taxes / mo$348.33$348.33$348.33
Insurance / mo$166.67$166.67$166.67
MI / mo$206.13$206.13$98.98
HOA / mo$87.00$87.00$87.00
Total monthly$3,695.27$4,133.94$4,073.78
Cash to close$113,480$54,990$54,990