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$813,713$813,713$1,075,500
Remaining term (yrs)28.128.130.0
Secondary amount$0$261,787$0
Funding fee$0$0$0
Note rate6.79%6.79%7.24%
Blended rate7.34%7.44%7.48%
1st payment$5,407.28$5,407.28$7,329.51
2nd payment$0.00$1,690.71$0.00
Taxes / mo$296.67$296.67$296.67
Insurance / mo$216.67$216.67$216.67
MI / mo$380.55$380.55$215.10
HOA / mo$0.00$0.00$0.00
Total monthly$6,301.15$7,991.86$8,057.95
Cash to close$381,287$119,500$119,500