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$513,492$513,492$512,910
Remaining term (yrs)28.428.430.0
Secondary amount$0$27,913$0
Funding fee$0$0$0
Note rate6.62%6.62%7.24%
Blended rate7.17%7.413%7.48%
1st payment$3,341.94$3,341.94$3,495.47
2nd payment$0.00$276.22$0.00
Taxes / mo$290.75$290.75$290.75
Insurance / mo$166.67$166.67$166.67
MI / mo$239.34$239.34$102.58
HOA / mo$0.00$0.00$0.00
Total monthly$4,038.69$4,314.92$4,055.47
Cash to close$56,408$28,495$56,990