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$540,299$540,299$562,410
Remaining term (yrs)26.526.530.0
Secondary amount$0$53,356$0
Funding fee$0$0$0
Note rate6.28%6.28%7.24%
Blended rate6.83%7.283%7.48%
1st payment$3,487.27$3,487.27$3,832.81
2nd payment$0.00$528.00$0.00
Taxes / mo$260.33$260.33$260.33
Insurance / mo$166.67$166.67$166.67
MI / mo$258.77$258.77$112.48
HOA / mo$18.75$18.75$18.75
Total monthly$4,191.79$4,719.79$4,391.05
Cash to close$84,601$31,245$62,490