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$151,601$151,601$900,000
Remaining term (yrs)19.419.430.0
Secondary amount$0$748,399$0
Funding fee$0$0$0
Note rate3.65%3.65%7.24%
Blended rate4.5%7.203%7.48%
1st payment$906.49$906.49$6,133.48
2nd payment$0.00$4,833.41$0.00
Taxes / mo$177.67$177.67$177.67
Insurance / mo$216.67$216.67$216.67
MI / mo$140.36$140.36$180.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,441.19$6,274.60$6,707.82
Cash to close$848,399$100,000$100,000