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$601,954$601,954$648,000
Remaining term (yrs)27.027.030.0
Secondary amount$0$46,046$0
Funding fee$0$0$0
Note rate7.31%7.31%7.24%
Blended rate7.86%7.941%7.48%
1st payment$4,258.54$4,258.54$4,416.11
2nd payment$0.00$345.34$0.00
Taxes / mo$510.25$510.25$510.25
Insurance / mo$216.67$216.67$216.67
MI / mo$284.42$284.42$129.60
HOA / mo$18.00$18.00$18.00
Total monthly$5,287.88$5,633.22$5,290.62
Cash to close$118,046$72,000$72,000