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$142,554$142,554$1,336,410
Remaining term (yrs)6.56.530.0
Secondary amount$0$1,193,856$0
Funding fee$0$0$0
Note rate5.79%5.79%7.24%
Blended rate6.64%7.632%7.48%
1st payment$2,174.49$2,174.49$9,107.61
2nd payment$0.00$7,710.32$0.00
Taxes / mo$795.92$795.92$795.92
Insurance / mo$216.67$216.67$216.67
MI / mo$262.79$262.79$267.28
HOA / mo$15.00$15.00$15.00
Total monthly$3,464.87$11,175.18$10,402.47
Cash to close$1,342,346$148,490$148,490