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$484,193$484,193$652,500
Remaining term (yrs)26.726.730.0
Secondary amount$0$168,307$0
Funding fee$0$0$0
Note rate6.57%6.57%7.24%
Blended rate7.12%7.347%7.48%
1st payment$3,206.71$3,206.71$4,446.78
2nd payment$0.00$1,122.05$0.00
Taxes / mo$365.33$365.33$365.33
Insurance / mo$216.67$216.67$216.67
MI / mo$230.85$230.85$130.50
HOA / mo$0.00$0.00$0.00
Total monthly$4,019.55$5,141.60$5,159.28
Cash to close$240,807$72,500$72,500