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$61,848$61,848$211,950
Remaining term (yrs)14.214.230.0
Secondary amount$0$150,102$0
Funding fee$0$0$0
Note rate4.3%4.3%7.24%
Blended rate5.15%7.168%7.48%
1st payment$482.33$482.33$1,444.44
2nd payment$0.00$1,000.68$0.00
Taxes / mo$73.25$73.25$73.25
Insurance / mo$150.00$150.00$150.00
MI / mo$69.04$69.04$42.39
HOA / mo$0.00$0.00$0.00
Total monthly$774.61$1,775.30$1,710.08
Cash to close$173,652$23,550$23,550