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$103,751$103,751$418,500
Remaining term (yrs)15.015.030.0
Secondary amount$0$314,749$0
Funding fee$0$0$0
Note rate4.09%4.09%7.24%
Blended rate4.94%7.053%7.48%
1st payment$769.03$769.03$2,852.07
2nd payment$0.00$2,032.76$0.00
Taxes / mo$238.67$238.67$238.67
Insurance / mo$166.67$166.67$166.67
MI / mo$112.87$112.87$83.70
HOA / mo$43.00$43.00$43.00
Total monthly$1,330.23$3,362.99$3,384.10
Cash to close$361,249$46,500$46,500