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$180,943$180,943$567,000
Remaining term (yrs)13.813.830.0
Secondary amount$0$386,057$0
Funding fee$0$0$0
Note rate4.57%4.57%7.24%
Blended rate5.42%7.006%7.48%
1st payment$1,466.31$1,466.31$3,864.09
2nd payment$0.00$2,493.29$0.00
Taxes / mo$404.17$404.17$404.17
Insurance / mo$166.67$166.67$166.67
MI / mo$203.31$203.31$113.40
HOA / mo$88.00$88.00$88.00
Total monthly$2,328.45$4,821.74$4,636.33
Cash to close$449,057$63,000$63,000