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$169,575$169,575$193,500
Remaining term (yrs)22.222.230.0
Secondary amount$0$34,675$0
Funding fee$0$0$0
Note rate4.87%4.87%7.24%
Blended rate5.72%6.765%7.48%
1st payment$1,041.34$1,041.34$1,318.70
2nd payment$0.00$343.13$0.00
Taxes / mo$159.25$159.25$159.25
Insurance / mo$150.00$150.00$150.00
MI / mo$139.46$139.46$38.70
HOA / mo$370.00$370.00$370.00
Total monthly$1,860.05$2,203.18$2,036.65
Cash to close$45,425$10,750$21,500