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$121,677$121,677$580,500
Remaining term (yrs)8.48.430.0
Secondary amount$0$458,823$0
Funding fee$0$0$0
Note rate5.63%5.63%7.24%
Blended rate6.48%7.484%7.48%
1st payment$1,503.77$1,503.77$3,956.10
2nd payment$0.00$2,963.23$0.00
Taxes / mo$358.42$358.42$358.42
Insurance / mo$166.67$166.67$166.67
MI / mo$184.93$184.93$116.10
HOA / mo$58.00$58.00$58.00
Total monthly$2,271.79$5,235.02$4,655.28
Cash to close$523,323$64,500$64,500