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$75,280$75,280$345,600
Remaining term (yrs)12.612.630.0
Secondary amount$0$270,320$0
Funding fee$0$0$0
Note rate5.38%5.38%7.24%
Blended rate6.23%7.419%7.48%
1st payment$684.11$684.11$2,355.26
2nd payment$0.00$1,745.81$0.00
Taxes / mo$188.50$188.50$188.50
Insurance / mo$150.00$150.00$150.00
MI / mo$86.49$86.49$69.12
HOA / mo$0.00$0.00$0.00
Total monthly$1,109.09$2,854.91$2,762.88
Cash to close$308,720$38,400$38,400