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$189,367$189,367$297,000
Remaining term (yrs)20.320.330.0
Secondary amount$0$107,633$0
Funding fee$0$0$0
Note rate4.2%4.2%7.24%
Blended rate5.05%6.119%7.48%
1st payment$1,152.38$1,152.38$2,024.05
2nd payment$0.00$717.55$0.00
Taxes / mo$142.50$142.50$142.50
Insurance / mo$150.00$150.00$150.00
MI / mo$166.92$166.92$59.40
HOA / mo$536.00$536.00$536.00
Total monthly$2,147.80$2,865.36$2,911.95
Cash to close$140,633$33,000$33,000