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$92,019$92,019$809,100
Remaining term (yrs)6.66.630.0
Secondary amount$0$717,081$0
Funding fee$0$0$0
Note rate5.79%5.79%7.24%
Blended rate6.64%7.624%7.48%
1st payment$1,389.22$1,389.22$5,514.00
2nd payment$0.00$4,631.15$0.00
Taxes / mo$277.25$277.25$277.25
Insurance / mo$216.67$216.67$216.67
MI / mo$167.89$167.89$161.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,051.03$6,682.17$6,169.74
Cash to close$806,981$89,900$89,900