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$64,480$64,480$408,600
Remaining term (yrs)15.215.230.0
Secondary amount$0$344,120$0
Funding fee$0$0$0
Note rate4.37%4.37%7.24%
Blended rate5.22%7.351%7.48%
1st payment$483.32$483.32$2,784.60
2nd payment$0.00$2,222.44$0.00
Taxes / mo$245.92$245.92$245.92
Insurance / mo$166.67$166.67$166.67
MI / mo$68.61$68.61$81.72
HOA / mo$0.00$0.00$0.00
Total monthly$964.51$3,186.95$3,278.90
Cash to close$389,520$45,400$45,400