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$71,183$71,183$508,950
Remaining term (yrs)20.320.330.0
Secondary amount$0$437,767$0
Funding fee$0$0$0
Note rate6.42%6.42%7.24%
Blended rate6.97%7.641%7.48%
1st payment$522.08$522.08$3,468.48
2nd payment$0.00$2,827.25$0.00
Taxes / mo$486.33$486.33$486.33
Insurance / mo$166.67$166.67$166.67
MI / mo$35.11$35.11$101.79
HOA / mo$58.00$58.00$58.00
Total monthly$1,268.19$4,095.44$4,281.27
Cash to close$494,317$56,550$56,550