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$133,123$133,123$166,500
Remaining term (yrs)27.127.130.0
Secondary amount$0$33,377$0
Funding fee$0$0$0
Note rate7.79%7.79%7.24%
Blended rate8.34%8.472%7.48%
1st payment$983.49$983.49$1,134.69
2nd payment$0.00$250.33$0.00
Taxes / mo$85.67$85.67$85.67
Insurance / mo$150.00$150.00$150.00
MI / mo$62.68$62.68$33.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,281.84$1,532.17$1,403.66
Cash to close$51,877$18,500$18,500