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$89,366$89,366$449,100
Remaining term (yrs)16.316.330.0
Secondary amount$0$359,734$0
Funding fee$0$0$0
Note rate3.41%3.41%7.24%
Blended rate4.26%7.056%7.48%
1st payment$593.02$593.02$3,060.61
2nd payment$0.00$2,323.29$0.00
Taxes / mo$161.75$161.75$161.75
Insurance / mo$166.67$166.67$166.67
MI / mo$94.60$94.60$89.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,016.03$3,339.32$3,478.84
Cash to close$409,634$49,900$49,900