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$218,081$218,081$4,050,000
Remaining term (yrs)12.212.230.0
Secondary amount$0$3,831,919$0
Funding fee$0$0$0
Note rate5.5%5.5%7.24%
Blended rate6.35%7.675%7.48%
1st payment$2,042.28$2,042.28$27,600.67
2nd payment$0.00$24,747.81$0.00
Taxes / mo$348.42$348.42$348.42
Insurance / mo$216.67$216.67$216.67
MI / mo$254.78$254.78$810.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,862.14$27,609.96$28,975.76
Cash to close$4,281,919$450,000$450,000