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$58,855$58,855$422,999
Remaining term (yrs)12.212.230.0
Secondary amount$0$364,144$0
Funding fee$0$0$0
Note rate6.14%6.14%7.24%
Blended rate6.99%7.644%7.48%
1st payment$570.62$570.62$2,882.73
2nd payment$0.00$2,351.77$0.00
Taxes / mo$214.42$214.42$214.42
Insurance / mo$166.67$166.67$166.67
MI / mo$66.41$66.41$84.60
HOA / mo$0.00$0.00$0.00
Total monthly$1,018.12$3,369.88$3,348.41
Cash to close$411,144$47,000$47,000