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$84,968$84,968$445,410
Remaining term (yrs)7.37.330.0
Secondary amount$0$360,442$0
Funding fee$0$0$0
Note rate5.6%5.6%7.24%
Blended rate6.45%7.502%7.48%
1st payment$1,168.84$1,168.84$3,035.46
2nd payment$0.00$2,327.85$0.00
Taxes / mo$349.33$349.33$349.33
Insurance / mo$166.67$166.67$166.67
MI / mo$144.22$144.22$89.08
HOA / mo$0.00$0.00$0.00
Total monthly$1,829.05$4,156.91$3,640.54
Cash to close$409,932$49,490$49,490