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$447,485$447,485$472,500
Remaining term (yrs)28.828.830.0
Secondary amount$0$25,015$0
Funding fee$0$0$0
Note rate4.96%4.96%7.24%
Blended rate5.51%5.695%7.48%
1st payment$2,430.48$2,430.48$3,220.08
2nd payment$0.00$187.61$0.00
Taxes / mo$184.17$184.17$184.17
Insurance / mo$166.67$166.67$166.67
MI / mo$208.46$208.46$94.50
HOA / mo$125.00$125.00$125.00
Total monthly$3,114.77$3,302.38$3,790.41
Cash to close$77,515$52,500$52,500