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$125,176$125,176$427,500
Remaining term (yrs)14.814.830.0
Secondary amount$0$302,324$0
Funding fee$0$0$0
Note rate4.51%4.51%7.24%
Blended rate5.36%7.05%7.48%
1st payment$961.97$961.97$2,913.40
2nd payment$0.00$1,952.51$0.00
Taxes / mo$381.75$381.75$381.75
Insurance / mo$166.67$166.67$166.67
MI / mo$134.32$134.32$85.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,644.72$3,597.23$3,547.32
Cash to close$349,824$47,500$47,500