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$119,152$119,152$535,500
Remaining term (yrs)22.822.830.0
Secondary amount$0$416,348$0
Funding fee$0$0$0
Note rate3.77%3.77%7.24%
Blended rate4.62%7.054%7.48%
1st payment$647.71$647.71$3,649.42
2nd payment$0.00$2,688.91$0.00
Taxes / mo$59.00$59.00$59.00
Insurance / mo$166.67$166.67$166.67
MI / mo$98.82$98.82$107.10
HOA / mo$0.00$0.00$0.00
Total monthly$972.20$3,661.11$3,982.19
Cash to close$475,848$59,500$59,500