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$194,070$194,070$274,500
Remaining term (yrs)22.522.530.0
Secondary amount$0$80,430$0
Funding fee$0$0$0
Note rate4.27%4.27%7.24%
Blended rate5.12%6.257%7.48%
1st payment$1,117.24$1,117.24$1,870.71
2nd payment$0.00$603.23$0.00
Taxes / mo$182.58$182.58$182.58
Insurance / mo$150.00$150.00$150.00
MI / mo$160.49$160.49$54.90
HOA / mo$425.00$425.00$425.00
Total monthly$2,035.31$2,638.53$2,683.20
Cash to close$110,930$30,500$30,500