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$214,581$214,581$1,147,500
Remaining term (yrs)24.524.530.0
Secondary amount$0$932,919$0
Funding fee$0$0$0
Note rate3.08%3.08%7.24%
Blended rate3.93%7.036%7.48%
1st payment$1,038.09$1,038.09$7,820.19
2nd payment$0.00$6,025.10$0.00
Taxes / mo$381.25$381.25$381.25
Insurance / mo$216.67$216.67$216.67
MI / mo$172.64$172.64$229.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,808.64$7,833.74$8,647.61
Cash to close$1,060,419$127,500$127,500