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$149,734$149,734$305,100
Remaining term (yrs)25.825.830.0
Secondary amount$0$155,366$0
Funding fee$0$0$0
Note rate5.41%5.41%7.24%
Blended rate6.26%7.146%7.48%
1st payment$896.31$896.31$2,079.25
2nd payment$0.00$1,035.78$0.00
Taxes / mo$204.92$204.92$204.92
Insurance / mo$150.00$150.00$150.00
MI / mo$112.94$112.94$61.02
HOA / mo$0.00$0.00$0.00
Total monthly$1,364.17$2,399.94$2,495.19
Cash to close$189,266$33,900$33,900