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$32,880$32,880$495,000
Remaining term (yrs)21.821.830.0
Secondary amount$0$462,120$0
Funding fee$0$0$0
Note rate5.3%5.3%7.24%
Blended rate6.15%7.644%7.48%
1st payment$211.63$211.63$3,373.42
2nd payment$0.00$2,984.53$0.00
Taxes / mo$266.42$266.42$266.42
Insurance / mo$166.67$166.67$166.67
MI / mo$25.36$25.36$99.00
HOA / mo$0.00$0.00$0.00
Total monthly$670.07$3,654.59$3,905.50
Cash to close$517,120$55,000$55,000