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$123,909$123,909$495,000
Remaining term (yrs)14.814.830.0
Secondary amount$0$371,091$0
Funding fee$0$0$0
Note rate4.52%4.52%7.24%
Blended rate5.37%7.154%7.48%
1st payment$952.87$952.87$3,373.42
2nd payment$0.00$2,396.63$0.00
Taxes / mo$310.92$310.92$310.92
Insurance / mo$166.67$166.67$166.67
MI / mo$132.90$132.90$99.00
HOA / mo$27.08$27.08$27.08
Total monthly$1,590.43$3,987.06$3,977.08
Cash to close$426,091$55,000$55,000