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$27,029$27,029$494,976
Remaining term (yrs)23.823.830.0
Secondary amount$0$467,947$0
Funding fee$0$0$0
Note rate6.9%6.9%7.24%
Blended rate7.45%7.734%7.48%
1st payment$192.57$192.57$3,373.25
2nd payment$0.00$3,022.16$0.00
Taxes / mo$394.92$394.92$394.92
Insurance / mo$166.67$166.67$166.67
MI / mo$12.95$12.95$99.00
HOA / mo$0.00$0.00$0.00
Total monthly$767.10$3,789.26$4,033.83
Cash to close$522,944$54,997$54,997