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$99,954$99,954$359,999
Remaining term (yrs)38.038.030.0
Secondary amount$0$260,045$0
Funding fee$0$0$0
Note rate6.5%6.5%7.24%
Blended rate7.05%7.556%7.48%
1st payment$591.52$591.52$2,453.39
2nd payment$0.00$1,679.46$0.00
Taxes / mo$298.25$298.25$298.25
Insurance / mo$150.00$150.00$150.00
MI / mo$46.31$46.31$72.00
HOA / mo$275.00$275.00$275.00
Total monthly$1,361.07$3,040.53$3,248.64
Cash to close$300,045$40,000$40,000