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$52,647$52,647$314,100
Remaining term (yrs)6.76.730.0
Secondary amount$0$261,453$0
Funding fee$0$0$0
Note rate5.62%5.62%7.24%
Blended rate6.47%7.535%7.48%
1st payment$782.52$782.52$2,140.59
2nd payment$0.00$1,688.55$0.00
Taxes / mo$126.17$126.17$126.17
Insurance / mo$150.00$150.00$150.00
MI / mo$96.34$96.34$62.82
HOA / mo$447.00$447.00$447.00
Total monthly$1,602.03$3,290.58$2,926.57
Cash to close$296,353$34,900$34,900