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$131,604$131,604$498,600
Remaining term (yrs)12.112.130.0
Secondary amount$0$366,996$0
Funding fee$0$0$0
Note rate6%6%7.24%
Blended rate6.85%7.512%7.48%
1st payment$1,272.24$1,272.24$3,397.95
2nd payment$0.00$2,370.18$0.00
Taxes / mo$487.33$487.33$487.33
Insurance / mo$166.67$166.67$166.67
MI / mo$150.31$150.31$99.72
HOA / mo$72.00$72.00$72.00
Total monthly$2,148.55$4,518.73$4,223.67
Cash to close$422,396$55,400$55,400