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$520,612$520,612$607,500
Remaining term (yrs)26.226.230.0
Secondary amount$0$86,888$0
Funding fee$0$0$0
Note rate6.42%6.42%7.24%
Blended rate7.27%7.26%7.48%
1st payment$3,418.53$3,418.53$4,140.10
2nd payment$0.00$651.66$0.00
Taxes / mo$219.83$219.83$219.83
Insurance / mo$166.67$166.67$166.67
MI / mo$249.97$249.97$121.50
HOA / mo$0.00$0.00$0.00
Total monthly$4,055.00$4,706.65$4,648.10
Cash to close$154,388$67,500$67,500