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$524,460$524,460$576,000
Remaining term (yrs)29.229.230.0
Secondary amount$0$51,540$0
Funding fee$0$0$0
Note rate6.22%6.22%7.24%
Blended rate6.77%6.97%7.48%
1st payment$3,247.44$3,247.44$3,925.43
2nd payment$0.00$386.55$0.00
Taxes / mo$473.83$473.83$473.83
Insurance / mo$166.67$166.67$166.67
MI / mo$242.50$242.50$115.20
HOA / mo$0.00$0.00$0.00
Total monthly$4,130.45$4,517.00$4,681.13
Cash to close$115,540$64,000$64,000