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$100,442$100,442$584,910
Remaining term (yrs)15.615.630.0
Secondary amount$0$484,468$0
Funding fee$0$0$0
Note rate3.84%3.84%7.24%
Blended rate4.69%7.225%7.48%
1st payment$711.82$711.82$3,986.15
2nd payment$0.00$3,128.86$0.00
Taxes / mo$185.75$185.75$185.75
Insurance / mo$166.67$166.67$166.67
MI / mo$107.68$107.68$116.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,171.92$4,300.77$4,455.55
Cash to close$549,458$64,990$64,990