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$74,615$74,615$257,400
Remaining term (yrs)11.511.530.0
Secondary amount$0$182,785$0
Funding fee$0$0$0
Note rate6%6%7.24%
Blended rate6.85%7.667%7.48%
1st payment$746.06$746.06$1,754.18
2nd payment$0.00$1,218.56$0.00
Taxes / mo$177.67$177.67$177.67
Insurance / mo$150.00$150.00$150.00
MI / mo$88.14$88.14$51.48
HOA / mo$330.00$330.00$330.00
Total monthly$1,491.87$2,710.44$2,463.32
Cash to close$211,385$28,600$28,600