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$19,405$19,405$461,250
Remaining term (yrs)29.829.830.0
Secondary amount$0$441,845$0
Funding fee$0$0$0
Note rate6.5%6.5%7.24%
Blended rate7.05%7.721%7.48%
1st payment$122.77$122.77$3,143.41
2nd payment$0.00$2,853.58$0.00
Taxes / mo$299.92$299.92$299.92
Insurance / mo$166.67$166.67$166.67
MI / mo$8.90$8.90$92.25
HOA / mo$0.00$0.00$0.00
Total monthly$598.25$3,451.83$3,702.24
Cash to close$493,095$51,250$51,250