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$20,959$20,959$121,050
Remaining term (yrs)8.68.630.0
Secondary amount$0$100,091$0
Funding fee$0$0$0
Note rate5.86%5.86%7.24%
Blended rate6.71%7.777%7.48%
1st payment$257.49$257.49$824.95
2nd payment$0.00$667.28$0.00
Taxes / mo$55.42$55.42$55.42
Insurance / mo$150.00$150.00$150.00
MI / mo$30.88$30.88$24.21
HOA / mo$390.00$390.00$390.00
Total monthly$883.79$1,551.07$1,444.58
Cash to close$113,541$13,450$13,450