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$125,017$125,017$382,500
Remaining term (yrs)14.114.130.0
Secondary amount$0$257,483$0
Funding fee$0$0$0
Note rate4.19%4.19%7.24%
Blended rate5.04%6.864%7.48%
1st payment$976.37$976.37$2,606.73
2nd payment$0.00$1,662.91$0.00
Taxes / mo$310.33$310.33$310.33
Insurance / mo$150.00$150.00$150.00
MI / mo$141.59$141.59$76.50
HOA / mo$90.00$90.00$90.00
Total monthly$1,668.30$3,331.21$3,233.56
Cash to close$299,983$42,500$42,500