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$109,471$109,471$436,500
Remaining term (yrs)16.816.830.0
Secondary amount$0$327,029$0
Funding fee$0$0$0
Note rate4.07%4.07%7.24%
Blended rate4.92%7.04%7.48%
1st payment$746.93$746.93$2,974.74
2nd payment$0.00$2,112.06$0.00
Taxes / mo$221.58$221.58$221.58
Insurance / mo$166.67$166.67$166.67
MI / mo$109.89$109.89$87.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,245.07$3,357.13$3,450.29
Cash to close$375,529$48,500$48,500