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$157,779$157,779$225,000
Remaining term (yrs)22.422.430.0
Secondary amount$0$67,221$0
Funding fee$0$0$0
Note rate4.37%4.37%7.24%
Blended rate5.22%6.349%7.48%
1st payment$918.98$918.98$1,533.37
2nd payment$0.00$504.16$0.00
Taxes / mo$193.42$193.42$193.42
Insurance / mo$150.00$150.00$150.00
MI / mo$130.45$130.45$45.00
HOA / mo$426.00$426.00$426.00
Total monthly$1,818.84$2,323.00$2,347.79
Cash to close$92,221$25,000$25,000