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$121,225$121,225$490,500
Remaining term (yrs)10.810.830.0
Secondary amount$0$369,275$0
Funding fee$0$0$0
Note rate6.59%6.59%7.24%
Blended rate7.44%7.673%7.48%
1st payment$1,300.25$1,300.25$3,342.75
2nd payment$0.00$2,384.90$0.00
Taxes / mo$260.83$260.83$260.83
Insurance / mo$166.67$166.67$166.67
MI / mo$144.36$144.36$98.10
HOA / mo$34.00$34.00$34.00
Total monthly$1,906.11$4,291.01$3,902.35
Cash to close$423,775$54,500$54,500