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$28,980$28,980$135,000
Remaining term (yrs)6.76.730.0
Secondary amount$0$106,020$0
Funding fee$0$0$0
Note rate4.25%4.25%7.24%
Blended rate5.1%7.377%7.48%
1st payment$407.84$407.84$920.02
2nd payment$0.00$706.80$0.00
Taxes / mo$109.00$109.00$109.00
Insurance / mo$150.00$150.00$150.00
MI / mo$58.72$58.72$27.00
HOA / mo$256.00$256.00$256.00
Total monthly$981.56$1,688.36$1,462.02
Cash to close$121,020$15,000$15,000