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$120,051$120,051$764,999
Remaining term (yrs)15.815.830.0
Secondary amount$0$644,948$0
Funding fee$0$0$0
Note rate3.59%3.59%7.24%
Blended rate4.44%7.231%7.48%
1st payment$826.04$826.04$5,213.45
2nd payment$0.00$4,165.29$0.00
Taxes / mo$352.42$352.42$352.42
Insurance / mo$216.67$216.67$216.67
MI / mo$128.86$128.86$153.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,523.98$5,689.27$5,935.54
Cash to close$729,948$85,000$85,000