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$89,317$89,317$432,000
Remaining term (yrs)12.412.430.0
Secondary amount$0$342,683$0
Funding fee$0$0$0
Note rate5.25%5.25%7.24%
Blended rate6.1%7.409%7.48%
1st payment$813.30$813.30$2,944.07
2nd payment$0.00$2,213.16$0.00
Taxes / mo$290.00$290.00$290.00
Insurance / mo$166.67$166.67$166.67
MI / mo$104.33$104.33$86.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,374.29$3,587.45$3,487.14
Cash to close$390,683$48,000$48,000