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$86,065$86,065$459,000
Remaining term (yrs)13.613.630.0
Secondary amount$0$372,935$0
Funding fee$0$0$0
Note rate5.25%5.25%7.24%
Blended rate6.1%7.441%7.48%
1st payment$736.47$736.47$3,128.08
2nd payment$0.00$2,408.54$0.00
Taxes / mo$219.25$219.25$219.25
Insurance / mo$166.67$166.67$166.67
MI / mo$94.47$94.47$91.80
HOA / mo$0.00$0.00$0.00
Total monthly$1,216.86$3,625.40$3,605.79
Cash to close$423,935$51,000$51,000