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$123,856$123,856$495,000
Remaining term (yrs)21.921.930.0
Secondary amount$0$371,144$0
Funding fee$0$0$0
Note rate4.53%4.53%7.24%
Blended rate5.38%7.157%7.48%
1st payment$741.95$741.95$3,373.42
2nd payment$0.00$2,396.97$0.00
Taxes / mo$64.08$64.08$64.08
Insurance / mo$166.67$166.67$166.67
MI / mo$103.36$103.36$99.00
HOA / mo$16.08$16.08$16.08
Total monthly$1,092.14$3,489.11$3,719.25
Cash to close$426,144$55,000$55,000