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$121,380$121,380$742,500
Remaining term (yrs)14.614.630.0
Secondary amount$0$621,120$0
Funding fee$0$0$0
Note rate4.92%4.92%7.24%
Blended rate5.77%7.426%7.48%
1st payment$969.51$969.51$5,060.12
2nd payment$0.00$4,011.40$0.00
Taxes / mo$273.75$273.75$273.75
Insurance / mo$216.67$216.67$216.67
MI / mo$129.10$129.10$148.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,589.03$5,600.43$5,699.04
Cash to close$703,620$82,500$82,500