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$394,361$394,361$463,500
Remaining term (yrs)26.526.530.0
Secondary amount$0$69,139$0
Funding fee$0$0$0
Note rate6.28%6.28%7.24%
Blended rate6.83%7.154%7.48%
1st payment$2,545.34$2,545.34$3,158.74
2nd payment$0.00$518.54$0.00
Taxes / mo$217.58$217.58$217.58
Insurance / mo$166.67$166.67$166.67
MI / mo$188.87$188.87$92.70
HOA / mo$1,345.00$1,345.00$1,345.00
Total monthly$4,463.46$4,982.00$4,980.69
Cash to close$120,639$51,500$51,500