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$178,998$178,998$890,100
Remaining term (yrs)12.712.730.0
Secondary amount$0$711,102$0
Funding fee$0$0$0
Note rate5.38%5.38%7.24%
Blended rate6.23%7.444%7.48%
1st payment$1,611.89$1,611.89$6,066.01
2nd payment$0.00$4,592.53$0.00
Taxes / mo$367.58$367.58$367.58
Insurance / mo$216.67$216.67$216.67
MI / mo$203.78$203.78$178.02
HOA / mo$4.17$4.17$4.17
Total monthly$2,404.10$6,996.63$6,832.45
Cash to close$810,002$98,900$98,900