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$149,546$149,546$486,000
Remaining term (yrs)13.213.230.0
Secondary amount$0$336,454$0
Funding fee$0$0$0
Note rate4.88%4.88%7.24%
Blended rate5.73%7.128%7.48%
1st payment$1,279.00$1,279.00$3,312.08
2nd payment$0.00$2,172.93$0.00
Taxes / mo$348.08$348.08$348.08
Insurance / mo$166.67$166.67$166.67
MI / mo$171.09$171.09$97.20
HOA / mo$501.00$501.00$501.00
Total monthly$2,465.85$4,638.78$4,425.03
Cash to close$390,454$54,000$54,000