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$514,761$514,761$517,500
Remaining term (yrs)26.626.630.0
Secondary amount$0$31,489$0
Funding fee$0$0$0
Note rate6.34%6.34%7.24%
Blended rate6.89%7.177%7.48%
1st payment$3,337.90$3,337.90$3,526.75
2nd payment$0.00$311.61$0.00
Taxes / mo$656.25$656.25$656.25
Insurance / mo$166.67$166.67$166.67
MI / mo$246.13$246.13$103.50
HOA / mo$108.33$108.33$108.33
Total monthly$4,515.27$4,826.88$4,561.50
Cash to close$60,239$28,750$57,500