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$88,914$88,914$423,000
Remaining term (yrs)14.014.030.0
Secondary amount$0$334,086$0
Funding fee$0$0$0
Note rate4.37%4.37%7.24%
Blended rate5.22%7.218%7.48%
1st payment$705.45$705.45$2,882.74
2nd payment$0.00$2,157.64$0.00
Taxes / mo$217.42$217.42$217.42
Insurance / mo$166.67$166.67$166.67
MI / mo$100.14$100.14$84.60
HOA / mo$0.00$0.00$0.00
Total monthly$1,189.67$3,347.31$3,351.42
Cash to close$381,086$47,000$47,000