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$175,350$175,350$243,000
Remaining term (yrs)22.522.530.0
Secondary amount$0$67,650$0
Funding fee$0$0$0
Note rate4.37%4.37%7.24%
Blended rate5.22%6.272%7.48%
1st payment$1,019.10$1,019.10$1,656.04
2nd payment$0.00$507.38$0.00
Taxes / mo$106.08$106.08$106.08
Insurance / mo$150.00$150.00$150.00
MI / mo$144.66$144.66$48.60
HOA / mo$180.00$180.00$180.00
Total monthly$1,599.85$2,107.22$2,140.72
Cash to close$94,650$27,000$27,000