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$178,786$178,786$513,000
Remaining term (yrs)13.213.230.0
Secondary amount$0$334,214$0
Funding fee$0$0$0
Note rate5.25%5.25%7.24%
Blended rate6.1%7.175%7.48%
1st payment$1,556.12$1,556.12$3,496.09
2nd payment$0.00$2,158.46$0.00
Taxes / mo$367.67$367.67$367.67
Insurance / mo$166.67$166.67$166.67
MI / mo$199.61$199.61$102.60
HOA / mo$0.00$0.00$0.00
Total monthly$2,290.06$4,448.52$4,133.02
Cash to close$391,214$57,000$57,000