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$61,383$61,383$211,410
Remaining term (yrs)12.912.930.0
Secondary amount$0$150,027$0
Funding fee$0$0$0
Note rate5.12%5.12%7.24%
Blended rate5.97%7.411%7.48%
1st payment$539.66$539.66$1,440.76
2nd payment$0.00$1,000.18$0.00
Taxes / mo$129.17$129.17$129.17
Insurance / mo$150.00$150.00$150.00
MI / mo$70.25$70.25$42.28
HOA / mo$292.00$292.00$292.00
Total monthly$1,181.07$2,181.25$2,054.20
Cash to close$173,517$23,490$23,490