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$191,875$191,875$250,200
Remaining term (yrs)21.721.730.0
Secondary amount$0$58,325$0
Funding fee$0$0$0
Note rate4.66%4.66%7.24%
Blended rate5.51%6.324%7.48%
1st payment$1,170.91$1,170.91$1,705.11
2nd payment$0.00$437.43$0.00
Taxes / mo$144.00$144.00$144.00
Insurance / mo$150.00$150.00$150.00
MI / mo$160.66$160.66$50.04
HOA / mo$360.00$360.00$360.00
Total monthly$1,985.57$2,423.00$2,409.15
Cash to close$86,125$27,800$27,800